If both units were equally good units, I would probably go with the new unit, especially if I used the same company for my servicing.

50% rule: rent * 50% - P&II'm over here playing with my financial calculator, and found something interesting.Rent * 50% = what you want your P&I payment to be equal to or less than.You can use that and a financial calculator to back into how high the mortgage could be and, it still make money.So if there's a triplex that pulls $3650 / 2 = $1825, the mortgage could be as high as (brb financial calculator...) about $370k which works out to a purchase price of about $495k. 

For the writer of the call, the payoff is equal to the premium received from the buyer of the call if the asset’s price declines, but if the asset rises more than the strike price plus the premium, then the writer will lose money.Like a short call position, long put holders believe an asset’s price will decrease and buy the right (long) to sell (put) the underlying asset.

My near term goal is to accumulate enough properties such that I have a passive income of $4k per month which about equals my current living expenses.

But it is still a measure of risk you should be compensated for).Additional risk you're taking on must always equal an additional level of compensation for you, for taking on that risk.

Negative emotions, in particular, are often what drive people to seek solutions and buy your products and services.For whatever reason, people are more motivated by the thought of losing something than by the thought of gaining something of equal value.

I guess I'll see on the next home rental -- hopefully I can do equally well.  

I've got a 1031 exchange question...Do i have to purchase a replacement property equal to my sales price or just the amount of my capital gain?

I do have the 25% down saved up and the price of the property is equal to about what single family homes in my local area are going for.

That's not something I had considered previously because I've closely held to the belief that nobody will do as good a job as I will.