Before renovations, the property isn’t cash-flowing enough to justify a $360,000 price tag, especially if financing eats into potential profits.

The $10,000 yearly maintenance fee is really hurting your cash flow, as it’s eating up all your profits.

Your hard money fees may eat you up during that time.

Until the rates come down to refinance, the key for us is to limit the amount of turnover at the properties. 5K to 10K in rehab basically eats away at several years of cashflow.

@Jason Wray Thank you very much for this response ..I’ve never sold one of my rentals before feels like I’m cutting off a leg and paying close to 100k for cap gains is really starting to eat at me 😵‍💫Any chance you would be so kind as to send me a link to something in the ballpark of what you’re suggesting this way I can get an idea of area and what this type of property could look like!

Those things eat your introvertness & lack of sales background for lunch.

Hours of servicing the loans in all their aspects quickly eats up the points we received at the beginning of each mortgage & it feels like we're doing all the work for no compensation.  

But if you’re going to let it eat you inside, not only will it destroy you, but it will block you from reaching and attaining your goalsThere is nothing you can do about not investing.

If it's a good asset(meaning primarily good location), you eat the 5.3% cap no problem you own the physical asset.

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