The goal isn’t to just make the most gross income, but to maximize the net - this is where a good accountant can do wonders.

But I think you may be asking, should you do the rezoning, or leave it to the ultimate developer. 

"Income Charge- This charge may only be levied by the Board in accordance with the Community Authority Declaration.

The first year you took bonus of $1,200 and then took $200 each year for the next 4 years to get the full write off of $2,000.

Currently appraising for more than double the price I purchased.

Hi Jesus, welcome to the BiggerPockets community!

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

This could potentially drive up the price on the subject property. 

Purchase price: $242,500 Cash invested: $49,000 This is an older house, built well on concrete block, that is next door to multi-million dollar houses on the water.

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