If so that's a big additional risk for the buyer.

Feedback has not suggested property needs additional repairs/work, only that they are looking in a different area.

Here are additional comments:1) Buying out of state removes any local knowledge you have from assisting in your success, including knowing areas, people and costs. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.

We have not disabled ours or converted to gas, but Tenant must sign a Fireplace Addendum stating if they use it, we require a higher renter's liability policy with us as additional insured, rules on wood, storage, use, safety, they pay for yearly professional cleaning each year they are there, etc.  

Additionally, we have developed templates for tracking key metrics that we require our PMs to fill out weekly. 

Does anyone know of a calculator where I can plug in the additional yearly pay down along with the appreciation rate of my area? 

They "what if" it to death and allow the fear of failure to prevent them from ever entering the game.

Quote from @Conte Cuttino: Makes sense @Andrew Freed so say if we I can make it additional legal space, do you think the 107K left in the property for the return is worth it or should I sale and move on? 

Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.

What do you mean you are paying $400 additional dollars more than what you are paying now?