The properties condition isn't bad, but does need some upgrading.

The extra cash flow could be used to cover any unexpected expenses in your new property or further invest in upgrades that increase rental yields.Since you mentioned an interest in living in a new area, exploring out-of-state opportunities could align with both personal and investment goals.

I do have the upgraded account where I can post deals. 

.$5mm PP = $250,000 acquisition fee, let's assume they are raising $2,000,000 in equity for purchase and upgrades, this means acq fee is really 12.5% of equity.Loan Guarantor Fee: $5mm purchase, let's assume $3.5mm loan.  

Also think about items you can upgrade or repair in the house to force appreciation, so that when you refinance down the road, you have a better LTV (equity) position and you can get even better rates at 75% or 70% LTV. 

Quote from @Scott Morris: It appears as if he runs one of those programs where they hook you on a low/free cost training and then hit you non-stop with "upgrades", and "higher levels of coaching". 

I own 7 properties (8 doors) in southwest Pennsylvania free and clear.  I cash flow about 7k a month after expenses.  These are in C locations but my places are on the nicer end of what is available in those locations...

After about 1.5 years of owning them, i did some minor cabinet upgrades, bathroom upgrades.Zillow and all other real estate websites show the current value at $120-125 K.

@Jordan Gregg Id agree with @Darren Sager I think Bloomfield is a smart investment just make sure you market your rental to the right clients and make sure that its upgraded to attract that commuter (don't over update though) I bought a SF that Im going to rent spring of 2019.

The city of Harrison ID where our lake house is located have been upgrading the water system.