We bought our first house in Crystal back in 2012 and just sold it this spring.

Eventually we sold off city properties and changed our focus to the suburbs and equity growth at least equally to cash flow.

Rentec Direct, because:  (1) A complete management solution for professional property managers,  (2) All of the tools for landlords to easily manage properties and tenants,  (3) Order instant credit, criminal, and evicton reports on your tenants, and (4) Inexpensive.

Here in Plymouth County, MA, I looked at homes sold in the last 6 months:$750K - $1M.  239 sales, average 65 days on market.$1M - $1.5M. 94 sales, 101 days on market.$1.5M -$2M. 22 sales, 205 days on market.Compare that to the entry level ($300K - $350K) where there were 331 sales in 3 months, averaging 37 days on market. 

If the auctioneer said SOLD before good funds arrived in the hands of the Trustee ... the third party deal is dead.Somebody sat on funds for a long weekend with an auction sale pending?

The home originally sold as new construction $561k in 2005.

If rents are $1600 and you got it at a discount, meaning they paid repairs and sold it for what they owed, you still couldn't make any money on this deal.

I've bought, sold, and invested in both markets - happy to discuss.

Informative but not all that good as a predictive tool-but it will help guide you to deciding where we might be at.

I've bought, sold, and hold multiple SFR in addition to these commercial units.