Leaving my kids an inheritance is icing on the top, only if it happens.....it's not my focus.

@John SamuelsonI would just freshen it up to current rent standards and rent that for a while collecting on the cash flow and the appreciation will be icing on the cake when you want out.

That was a ton of fun, but all conversations were fairly brief (understandably) because there was so much going on.I've set up several keyword alerts and have started devouring the podcasts like they're my favorite ice cream. :) I'll definitely be reading the beginners guide and finishing up the UBG video course. 

@Brad DiFrom @Scott Trench The Best and Worst Markets for Residential Real Estate Investors, 2016Personally, I view appreciation as icing on the cake. 

Regarding appreciation, yes as Brandon says appreciation is the icing on the cake (especially when it comes to Baltimore, generally speaking).

Anything more would just be icing on the cake! 

Anyways, my point is that I like to provide high quality dwellings and furnishing/appliances but I remove anything I can that will potentially be a headache or break...i.e. nice big stainless fridges but without ice makers in the door.  

We had no idea what we were doing, but were fortunate enough to play hockey with a real estate agent who taught us quite a bit up front.

@Jay HinrichsWow that was quick, hahaand you are right as usual, the price is higher then the comps. around $120K.A big no no from you I know, especially with your philosophy of what is the cake and what is the icing ;)Thought it might be a little different with Cash Purchases?

We had a similar situation occur where the guy was arrested and deported through ICE.