I have been consistently collecting this income for past year.So to summarize - should I make about 9,000 annual income from the property vs selling the property for about 50,000 net profit (after fees and costs to sell)Please advise what math I should apply to determine which makes more sense for me to do.Regards,Fred Huss

I would summarize what @Ruth Bayang said in her first few points in one word, "Communication".  

The term “I reject your reality and substitute my own” was made famous by one such resident.You are entirely correct summarizing housing prices are not in line with most of the rest of the country.

@Chester Transo Yes, the way you summarized the post is correct.  

I dont want people to summarize hudson county as all of Jersey, im sure some will on this forum but yeah I am specifically referring to hudson county/nyc area.Thanks so much Anthony, appreciate the insight!

Each page (property) had details of expenditures and a summary ‘property scorecard’ that summarized performance and expense categories.

Depending on how they are done, these alterations can ruin a property, or if you are lucky, thought went into the alterations and the old doors and trim were saved in the basement, making the restoration of the real charm somewhat easier.To summarize, you really need to understand fundamental construction and either have plenty of experience to know what you are looking at, or Pros you can truly trust and rely on to adequately evaluate your opportunity and provide numbers that hold true to a high degree.

I would NOT put much stock into articles or resources that summarize the St.

To summarize: I'm buying my first house in the first half of 2017.

So to summarize, we're getting married, she's leaving her job for a passion, and we're trying to find out first investment property...scary and busy times!