Otherwise, I would consider selling and using the increase to put a small down payment on your principle residence and the rest to invest in properties that will cash flow.If you leave significant equity in the property it might cash flow better, but your ratio for ROI decreases in comparison to property that is more advantageously debt leveraged. 

The numbers make sense but we have also heard that Glendale is hit or miss and that the Golf course right next to the house will be converted to 173 houses which can potentially decrease the value of surrounding older homes.

I went as far as living in a trailer to decrease my expenses as much as possible. 

The unemployment decreased to 3.3% from 5.2% yoy.

It worked out because even though the cash to close increased, the loan amount and PI payment decreased, which pretty much kept the same cash-on-cash return while improving monthly cash flow.

We will be raising rents, organizing outdoor parking, and self managing to decrease expenses by about $30,000/year.

We will be raising rents, organizing outdoor parking, and self managing to decrease expenses by about $30,000/year.

We will be raising rents, organizing outdoor parking, and self managing to decrease expenses by about $30,000/year.

The economy cycles and in a recession, discretionary spending decreases, which includes vacations.

You guys can change the terms such as making the payback period longer or shorter or increase or decrease the interest rate to make it so he can hit a target amount of money, but you guys can also cashflow the property.