It all depends on your financial goals and how you want your portfolio looking 5-6 yrs from now. 

Background: 5) a large vacancy (reportedly 2200 sq ft.) last year, (which is now filled) prompted seller to list property for sale but with no takers. 6) since then seller has filled the space. 7) seller has owned it for 10 yrs possibly buying at the height of the market. 8) seller has made some exterior cosmetic and mechanical improvements in that time. 

Well folks here  in Rochester between all 8 large properties we have over 20+ tenants with Bully breeds and NO ISSUES in 20 yrs one dog related issue with a lab who attacked a pit puppy 2 yrs ago.... you folks are just a hand full of people thank goodness of landlords in this Country.

Then we rent out a couple of extra bedrooms for a year (or 1.5 yrs) to pay back the cost of renovation.

She bought it 6 yrs ago but IDK how much equity she has. 

And you have absolutely no place to insult Jay Hinrichs, who has selflessly contributed over 20K posts, and has been in the industry over 40 yrs.

I currently reside in Texas, but I was in Boston for 4 yrs at school.

View report*This link comes directly from our calculators, based on information input by the member who posted.

It’s also 20 yrs old.

this means, 2 mcdonald workers living together in yucca valley could easily pay $1200/mo for a quality rental.my homes have all increased 10-20% a year for 3 yrs straight - as the few quality inexpensive rentable homes that come up are fought over by investors, new home buyers, airbnb.a sewer assessment going into effect will add 100-150 to the monthly tax burden (along with a few other assessments in the works - school,fire) Bob Armstrong (a realtor in the area) creates a nice email newsletter each month with data/commentary.