Hi Angela,As a mentor I would agree to help people that can help in two crucial aspects of my business.  

So your options are just that of any other property-- hold forever and keep collecting the cash flow, hold for a while before big CapEx things start going wrong then sell, sell if you see big appreciation, sell if you just want to because you want to...whatever you want to do.But it sounds like more of your question is about the money aspect of it.

Originally posted by :Thanks for sharing and helping me think a few moves in advance.Upon further reflection and to extend the analogy ... not only is it important to think a few moves in advance, but it is also important to understand that different pieces move in different ways and have different value at different times; some are good at offense, some are good for defense, no single piece is good or bad, the more pieces you know how to play and preserve or strategically sacrifice the better, it is seeing and knowing how to play the board that matters, and being humble enough to think in percentages with multiple exits rather than absolutes in one ... sorry if you don't care for semi-vague analogies, but I'd personally rather not try to provide answers but find more value in asking interesting questions and posing semi-vague analogies ... answers give information that has a myopic context and limited shelf life, while interesting questions and analogies (hopefully) spark interesting thoughts and interesting discussion ultimately leading to wisdom that helps you, helps me, and helps the community.

Most of the aspects considered when analyzing areas to buy rental properties in are qualitative which I understand but I am trying to look into some numeric info that can also provide me with direction.Thanks! 

It tells them that you are serious about your business and are interested in keeping track of every penny you spend, by keeping expert reporting on every aspect of your investment properties.

Perhaps even a seller finance situation would be more attractive to him for the monthly cashflow aspect.

The most fascinating thing of late is all the aspects of our lives that we take for granted and just do.

The taxes aspect is going to hit you no matter what improvements you do to the property (government always wants their cut of the money too).  

Hey Guys,I'm pretty new, as well, but have found that bandit signs, strategically placed are working good, at least in my area (Tucson, AZ).

@Jean TorchonHi JeanI think one of the most important aspects of any business is to try to be consistent and set up a system.