I've sold my Killeen rentals during the increase in prices, but even those probably did not beat the S&P during my hold period because they were cash flow negative and a long hold period.

Apologies if you already stated this...how long did it take to reverse from your account from when you received the email?

Morgan, I agree that as long as it doesn't look like you tried to match the floors and failed you should be good.

You have a great idea...so long as you have enough funds (18k+) to start up a property.

Thank you, I've previously requested a copy of the new Rules & Regs, and now have also submitted the request stating I need them even if I need to order and pay for a whole resale disclosure package, although that shouldn't be required for a long-term owner who just wants the Rules & Regs 

Hi NYC neighbors and out of area investors: I'm wanting to know how many of you have chosen to use a hired manager for your long term hold rentals.  

We plan to do a cash out refinance and keep this as a long term hold.

It's simple IMO, if your income covers all your expenses, and you have enough left over to save and invest, you are good to go.As long as your non W-2 income streams are coming in fast enough to replenish your accounts. 

Are the properties long term or short term?

Both are currently rented out long-term.