That said, in the scenario you described, I’d either end up homeless and broke or starving to death, lol, while sitting on $275K of equity.

When I go to events like this, I do go to some of the sessions, but most of my time is just sitting in the lobby chatting with people. 

I’m temped to order an appraisal this month, or does that seem like over kill and do you recommend I sit back and trust the real estate process?

I would sit tight and save some more.

Just closed on one for a client over the hill in Reno, NV, that was sitting on the open market and they took an aggressive offer. 

Even though it's tough, you'll get stronger and smarter than those sitting on the beach waiting for the tides to turn in their favor.

The home was a rental property prior and had been sitting.

Their children (now in their late 40s) inherited the house, but they have not listed it on the market, and I heard that neither is willing to move into it from their current setup, so the property has been sitting vacant.

The request was quietly dropped, but Taylor never acknowledged her error or apologized.

Nothing to get crazy about but no need to deal with tenants, property taxes, repairs, vacancies, etc. just sit back and collect.