In some places the SOL is 3 years.

@Nader HachemUnless something "hokey" is going on, once its sanded it will be bare wood. 

Barely managed to get out with a positive return.

@Rodney SumsI bought the building about a year ago and I am finishing up the renovations in the next month.It depends how you are looking at it but buying a personal home is a liability or at bare minimum a bad investment.

This ******** was barely okay during super low rate periods, but we're going to go with high(er) ish rates for the next era and people need to move differently.

Add in the time to manage it on a weekly basis and we are just about convinced we need to just get a LT tenant in, way less work even though I'll barely be making $200 a month off the property (if that). 

Barely a year ago you were here asking for advice on your first deal and now pretend you have all the answers.  

Are shingles missing, curled, cracked or bare? 

For example, in the dot-com recession in 2001 housing prices barely budged in stable markets, on average.

I’m a barely B student with a 2 year AA degree and I figured it out before there was a BP while not knowing ANYBODY that owned a rental property.