The Kern has had three exceptionally bad years in a row...where up north actually had a pretty good snow-pack the first year of our extreme drought.    

Lakewood elementary is the singular exception.

One other additional caveat, the FMV property is in a vastly growing area in a desirable neighborhood which is excepted to appreciate over 5% in the next year.Any thoughts?

No, I don't believe it is my way or the highway except in certain cases, like the tenant not paying rent or not allowing access in a reasonable manner.  

I mostly agree with Aaron here, except about the carpets.

Never had any trouble selling one of these when I was done with it except my wife would go into the let's sell our place and move in here mode.

I'm exceptionally impressed with the power of PropertyRadar and it's incredible value.I must also disclose that Sean O'toole is a friend of mine. 

I will tell you what we have done:We have not tied up our money in SFH (with the exception of our future retirement home which we rent out.) 

is specifically referring to the Delayed Financing Exception for cash out refinancing for FannieMae loans.

Much like how a slaughterhouse uses every bit of the hog, except the squeal.Start by creating symbiotic relationships with your competing/like-business folks that you normally bash heads with.