Additionally, timing the sale in a lower-income year or exploring potential deductions could further reduce your tax liability.

The numbers may be 30-40% lower than today's cost, but the process/approach to estimating may be good for you to review.

some hype but also a lot of good information.also remember: seller finance of a paid off asset, lower risk. 

You get PM experience, lower expenses, you don't live with your parents anymore, etc.. 

Even if you have a higher return in the stock market, you'd be doing it with a lower basis after tax and it will take a long while to recoup from that. 

G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success

I used Roofstock to sell one of my rental properties in TX as their sales commission is lower than going through traditional sales channels. 

You can theoretically have a higher rate from one lender with lower origination fees and total finance charges may come in lower.  

Seems like it'd be lower maintenance since it's a new build and in a nice area.

I agree that efficiency is a huge part of that equation, and the more efficient the PMC, the more they can stay profitable with lower fee structures.