Don't talk yourself into a place because of personal use.Buying a $475k condo that brings in 35k in gross rental income will lose a lot of money.

Also, personalized post card size info/thank you card with the top 5 restaurant/bars or attractions in the area.

No Personal Use: You or family members cannot live in or personally use the property.2.

Personally, if I were to sell the stock, I would buy more property, not pay off the existing one. 

That is a great post, and I'd love to follow up and see how things went for my own personal knowledge. 

I personally would sell it.Your return from real estate is two items - Cash Flow + Appreciation.What is the annual rate of appreciation you are getting, approximately?

I have personally house hacked for over 10 years and continue to do it to this day, right here is St.

In my experience (personal & w/clients) the wife usually doesn't want to pick up and move too often to stick with a strategy like yours.

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

@Matt Solis would be the perfect person to speak to about this!