ROI is not the primary motivating factor.

If all the usual factors are against me (high utility bills, bad interest rates, vacancy, etc) then I will make 2K…if the stars align than I might hit 12K in a year.In a completely fabricated example, the below screenshot indicates that I have a 33% chance of having a negative cashflow on an annual basis (small red text at the $0 mark).Models like these are pretty simple to construct.Simulation InstructionsTo get started:1.Install the excel add inI like ModelRisk, it is free but there is also @Risk by Palisade.

One trick builders in NJ have used forever, although I am not sure if the laws caught up with them yet, when demolishing a house, leave one exterior wall standing.

Biggest factor for me is overall goal and interest rate difference. 

I also don’t have a long history of credit which could be a factor but than again I have no debt so not sure why but i am shopping around. 

He's of the idea that you can just put a little bit into retirement and work at the same job forever and retire as soon as you hit 65 and live completely fine (he started a career very late, we will never have enough in 401k to support us unless he works until 75, which is not gonna happen). 

The property if i moved would rent around $2300 total for both units, does the rent factor into the appraisal at all?

Personally, I'd take a long term tenant who takes great care of the place and wants to stay forever, over $300 security deposit any day of the week.   

Since you want to keep the property forever, it will be challenging to calculate the investors' returns after certain period of time. 

@Joshua Dorkin @Brandon Turner @David Greene thank you for changing the lives of my family forever!