.: The fees are about market rate for PM companies although the repair is a little high imo - the issue sounds like they procured a bad tenant.

Congrats on your success so far.Some random thoughts for you:- It might be difficult to tap the equity in the rental at this time given the current state of interest rates. 

Or at least what are investors looking for today as far as return and cap rates?

A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.

The biggest pro, is typically you will have a higher rental rate, if your home is already furnished and you have no place or desire to store it, it might be worth it. 

If rates come down (most likely not in 2025) you can refinance or just shovel cash-flow and pay it down quicker. 

How much below market value would a sale have to be for it to trigger a gift tax and if so what is the rate on that? 

The average connection rate is 25% when using our unlimited premium contact info along with our AI powered dialer.

also we do not know what is going to happen with int rates, they are very high now, the economy is not good and it is not certain they will be coming down this year. we know there will be more responsible gov spending, so maybe rates will come down, no way to know...I think you need to know the market where you plan to buy well, and go from thereBest of luck

The reason I ask is because most deals I see on Crexi or Loopnet or anywhere else create negative cash flow under 7 or even 10 year terms with 7% - 8% interest rate.