The only possible upside you have with this property is speculating on appreciation which in todays economic climate is a high risk.

Depending on your location and climate, consider low-maintenance options such xeriscape, rubber mulch, etc. 

You have more than enough Market, in a 800,000 Pop city.5Outside or climate controlled?

Kids are back in school which negatively affects how many families are looking to move.Other seasonal effects:1) Weather - getting cooler, which is a negative in colder climates as who wants to drag their couch through the snow?

In a uncertain market, I’m grateful to be in a location that is attracting business and people looking for a thriving market in a mild climate.

Further, I’ve seen an exodus of corporations leaving CA for TX due to the more favorable tax climate and educated work force. $1mm gets you 700 sqft in Santa Monica.

Especially if you are in a colder climate. 

However, they're normally higher rates than a conventional lender will offer and with the current lending climate some of those products are off the table.

Carpet would be so much better in colder climates, at least in bedrooms.

@Kyler J Sloan I don't know the climate of the area.