Food for thought: (depending on your big picture and considering all options) purchasing a new, single-family rental property in a healthy metro area where the numbers make sense with a 30-year fixed-rate loan may just be your best bet.

A bit of background info:1) My wife and I after 30 years of working have a healthy stock portfolio.

We have tentatively chosen Dallas-area as our first market to dive into as it seems to qualify for the signs of a healthy market (population growth, business/landlord friendly, etc). 

From there, dig into things like Unemployment Rate and Population Growth; those are both good indicators of a healthy market. 

But, you can see- if done right- you can make a very healthy profit.I expect you're building new - because of the potential upside. 

Our plan is to only take minimal disbursements from the LLC until its built up a healthy warchest.  

I'm a Real Estate Broker that lives and offices in Gilbert, AZ. 18 years full-time real estate in Arizona, all in the SE Valley (Gilbert, Chandler).Gilbert is a very healthy upper middle-class suburbia community.

Even if you have a property management company in place it still requires your time and attention to create a healthy return.

I tend to analyze my properties in terms of total return - the equity I believe I'm buying on day 1, plus a healthy amount of cash flow on rents.

They're now performing nicely and my CoC is good - but I'm starting to wonder if I might not be better off just selling them at a healthy cap rate to some else who wants solid turnkeys, so that I can turn around and do it again.