I don't think this is gonna ruin you, but unfortunately it will give you a small hit.

If i sell now i take a $80k hit before fees.

Plus, they point out that the properties are nicely rehabbed, in solid neighborhoods with high rental demand, tenants are rigorously screened, and to cap it off, the buyer may well sell the property at a big gain well before these repairs and capital expenses start hitting (remember, you presumably "captured" a boatload of equity when you purchased), at which time you can roll into another property.At any rate, if you hold the property, the assumption is that Years 2-30 will experience none of these expenses.

If you want to be more certain that you'll hit the mark on a retail sale in terms of demand and price point, get one or two (if possible) realtors to come by and give you an opinion.

I know I cannot count on tax values, but comps are hit or miss on this one.

., less down), you will take a hit in some other way.Be careful not to accept what seems like a big improvement but leaves you holding the bag in some other way.

These kinds of price hits use to shock me, but I’ve gotten used to it.

I am not being harsh just giving you the reality.SOMETIMES if you get an asset manager at the right time and hit it off they will be in a giving mood and share inside information into how that bank thinks and works.

With a next egg of 350K+ - 400K, you should be able to easily hit 20-25% (maybe more) ROI (with leverage).One more note, if re-invest the capital with leverage, you should be able to shelter most of your "passive income" via depreciation.

Then we hit some non RE related financial speed bumps and had to slow down a bit.