My advice without even hesitating, I wouldn't rent anything that doesn't cash flow and provide a good cash-on-cash return out the gate.

Do you know the markets you threw out really well? 

I’m in the Denver market, and can help provide info and my take on the market and what works best! 

So, in actuality the divide between “good” PMs and “bad” ones is probably no different than any other service provider, be it real estate broker, mortgage originator, etc.The key word I has in my sentence was MAY; as in MAY be hazardous to your financial health.  

All that to say, I'm not sure when they will want to cash in and sell the lot due to the appreciation the subdivision has provided.

So that the tenant rent is providing a larger amount of return of capital. 

The home was then sold for a profit, providing a strong return on investment.

This experience has provided me with a strong foundation in acquisitions, valuations, and deal sourcing.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Its great that the seller is will to carry a note in a seller 2nd as well, that will help reduce your require monthly payment with the right lenders.