Hello,A good rule of thumb in NC I tell my sellers about: if we get lots of showings in the first 2-4 weeks, but no offers, the price is too high by a good bit (15-25% estimated).If we get showings, and one low ball offer, the price is a little too high (5-10% too high).The longer a property sits on the market, the more likely you'll end up accepting a lower price ...better to go ahead and do a price reduction now and sell it faster, than letting it sit and eventually the market will do the price cut for you. 

They are usually paid a fee of 25%, 30%, or 35% on the taxes they save you, IF they are able to achieve a property value reduction. 

We get light weight ones and wash them about every 30 days or as needed.

I see based on your profile picture that you understand the importance of reps :)  Just like lifting weights, there are a lot of different niches within REI, so I would find one you like and then find people doing it full-time. 

@Michael I certainly understand that a 30 year pro forma is just a guess and put little weight into property value or rental income in 2040; however, I am curious about the year one pro forma and wanting to make sure that I have positive cash flow out of the gate.

If someone looked at YOY price increases versus size (reduction) in core, staple products being sold in america, it'd give you pause. 

Curious if there are whispers (or shouts) in Columbus about the same I go to city council meetings almost every Monday and they are extremely developer friendly and new construction friendly. while there is pressure, I don't think it will ever happen. columbus wants to see economic development and would not place legislation that would restrict the free market in my opinion. right now they are doing the opposite and redoing there zoning codes to allow for higher density and higher height as well as parking reductions. just google "zone in" columbus and you'll see. there's a lot of articles about it. 

Vacancy is more of a reduction an income than an expense.

That $140k could be used to buy another investment immediately.Don t worry about future reduction in deductible expenses.

Positioning ourselves for debt reduction and also investments in other asset classes (Country Subdivisions and Teak Plantation).