Also, you can review the listings that you find to see you can get away with charging additional for the cleaning that will be required between each visitor to cover that.Finally, be sure to check the HOA's for the condo, usually condo's in resort areas have no "less than 30 day rental restrictions" in the bylaws, but most condo's in the city specifically forbid it.A lost note of caution is if the area is only good for skiing - one poor snow year and poof your profit goes away with the sunshine...

At the end of the day you can use emotional decisions or factual and logical/financing methods to determine if you should sell or not because it involves all of the above.

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com/ - free e-bookFlip2freedom episode 77 - podcastBiggerPocketsPodCastWholesaling101 You Tube ChannelKent Clothier - Memphis Invest channel

Either way, def consult a CPA who knows your unique financial needs to help you make the final decision.

Theses are two critical statistics for apartment market selection and investment decisions.

Hope this helps your decision, I don't want to see any investor lose money.

there are quite a bit of factors that go into this decision.

Did SFH appreciate 100-200% because people moving there wanted to buy, or was it mainly a large increase in rent rates which would drive the decision to continue to go for the doubles/triples.Maybe some North Dakota investors can join the conversation?

While I won't have a 1st position loan I will be on title along with a partnership agreement spelling out funding, decision-making, responsibilities, equity dispersal/shortfalls, etc.

Hey Bill Gulley - I think it just reads poorly above.