An easy math example is $1,250 of rent needs to support $1,000 of mortgage, property taxes and insurance and HOA (if applicable). 

Compare that to some areas like driving park that went up by 35% i don't know why you'd invest in this area for long term hold.

Make the most of learning from your friend's dad and consider joining a local REIA if your parents are supportive.

Thanks for your support!

I like to hold better quality property/better neighborhoods for the ability to attract quality renters and maintain the value of my property. 

Looking to take the next steps in finding, funding, rehabbing, and flip or holding additional properties. 

In our units, we use rods with two or three brackets to support thermal/blackout curtains.

Now, if you have other golden nuggets overturning the common misconceptions, please don't hold back.

The reason we are hesitant to sell is with closing costs, realtor fees, and capital gains tax we will be about net 0 after all is said and done, whereas if we can hold onto it and sell in the future we could avoid the hefty tax while also paying down the loan using the renter. 

If I am going to hold and rent, 3 beds in our market get about $300 more per unit, and are desirable in there aren't enough of them.If you're gonna hold and refi, I would make it a 3 bed.I may be just looking at it from a multifamily perspective.Let me know what you end up doing.