You can write in a seller finance deal if you miss one payment you will lose the house and have the buyer sign a deed in lieu at closing but that does not mean its legal.Contracts are overturned all the time. 

If you don't get clear direction, then it might be a sign to offload it, especially since it's free and clear and your ROE trend is non existent right now.  

Hello,I am curious what a good ROE would be in the current market conditions for a new acquisition.

For example, low ROE property could have more appreciation runway to go because it is in such a desirable area, so maybe you would want to hold onto it. 

If I narrowly look at ROE, does that simply ignore the upfront cash investment and just focus on my efficiency of current equity position?

Return on Equity (ROE) Calculation:One key metric to assess is your current Return on Equity.

As for my ROE, I'm paying cash, so I have more to work with if I want to acquisition another property.

As for my ROE, I'm paying cash, so I have more to work with if I want to acquisition another property.

You didn't provide the numbers, but I'll bet you have a lower ROE than the interest on a a 10-year treasury note. 

As Gino recently noted on another forum, real estate is all about ROE: return on effort.