Our broker (we're licensed Realtors who are listing this ourselves) feels that we should list at $319k but we feel that's a little high and we don't want to sit on the market too long waiting for an unrealistic price.Additionally, we're having delay troubles with our building contractor as he's moving way too slow for us.

If you are having problems now this is a HUGE red flag of things to come in your future when dealing with them.Even in a slow market I would pass on anyone that does not follow my rules...

In a slow market, being on the low end or under can help fill a unit if you really need to get it done.  

I'm trying to grow the real estate portfolio slow and steady and then eventually exit the corporate world to do real estate investing full time.I have not outlined the strategy/business model yet but am getting the ball rolling.  

If you want someone with a deep network that is really good they do not do things for free.

It takes a long time before positive cash flow will make you enough to live off of, but 1) real estate is a get rich slow scheme and 2) there are many other advantages.

Long story short we had the opportunity to rent our house during slow winter months and now own 3 rentals!!

Also, if the property is underwater, you could sell off the remaining UPB at a deep discount, 3-9 cents on the dollar, if you wanted to be scrooge about it.

Progress is slow but I can assure you it doesn’t feel that way.

They are very slow but stay on top of the bank personal handling the process.