Otherwise it is all contrived speculation.

That is the value of appreciation speculation over  renting it out and losing XXX per month, sleepless nights and possibly have the house destroyed by tenants.

This is not a investment property it is a loser that can only rely on speculation to be able to cover the costs to maintain.The property appears to be in a market where rents can not be high enough to make for a good investment if investors place any value on equity.

Just speculation; but I instantly feel like I need to watch out for my property and other tenants.

I still decided to sell because I wanted more control over my money and not to rely on speculation.

very true and it's all speculation right now.  

.* This city and neighborhood are booming and I know speculating is bad but this area is rising very fast but not sure if this house will follow because of the lack of parking or any option to add in future, I don't think I can't count on any appreciation or any gains on the back end.With the offer I am comfortable with I would get about 12 ROI and about 300-350 cash flow a month.

Hi @Federico Cantero,If your deal does not cash flow from the very start, what you are doing is speculating (gambling), not investing.

I don't know, or care, and I wasn't speculating. 

vacancies, advertising, turnover costs, condo fees, special assessments, insurance...lets say long term $500/month as a arbitrary number.We make the assumption that although there is appreciation (speculation) it is irrelevant since it does not exist as profit or income till sold but it does bury money and make it useless as long as it is in the property.So rental income is  $2800 - $1750 - $500 = $550/month....