Me personally with the info you gave, I would lean to keep renting it out if you plan on keeping the rental for the long term.

Thanks for your response, I am leaning heavily toward keeping it for cash flow for a few years.For those of you that have done something like this, is there a way to rehab and add units without dramatically increasing the property taxes?

It appears many people jump into REI because they heard someone speak at a seminar for 30 mins and the speaker conveniently excluded the long journey it took for them to make that 100k on a flip  🤔From a numbers perspective: give yourself at least 5 years before you give up! 

I believe the far upper limit for this sort of business is 25 SFR, at which point running a single renovation as we do as well as managing and maintaining that many rentals will become more than a full-time job for one person with helpers to call on at need and a few key contractors to lean on, namely plumbing, HVAC, electrical,and roofing.

I would lean toward using a warranty deed, as opposed to a quit claim deed, in order for the investor to maintain title insurance.

Dinner is typically lean protein with a veggie. 

Think fast food or everyday retail like a grocery store or convenient store clerk.  

If you're representing a client, (say on the seller side) and a mention comes up of this, in my opinion we're all looking right past reality to act as though these estimates do not matter at this point given that a large % of sellers and buyers lean on them for a data driven point of reference.

I used to think they were very lean as Ken McElroy states, but is it?

I should add that this is a long distance deal and I don’t know if that changes anyone’s opinion other than I just may need to have more diligence in finding a good contractor and leaning on my Agent and PM.