Need to run the numbers .Some interesting articles .It’s funny years ago I never imagined they’d be talking about gentrification in Buffalo .

What did you do to increase the value of your potential house before the appraiser walks through? 

All of that increases the bases an will reduce gain.

I keep contemplating whether of not its smarter to keep or sell with such a high HOA that will only increase.

I will probably have to increase my money up front to cover additional rehab costs.  

That way, you know your chances of closing a deal have increased significantly.Happy to help you further. 

In MFH it is done by increasing NOI (part of which is bring your property and rents to match surrounding comps). 

Costs are higher for submetering to install but once done prevents complaints of water usage as it is accurate and it increases the property value as you just increased the NOI.

.- Risk that prices increase substantially over the next 3-5 years, and outpace any of the benefits aboveLeaning towards selling since it’s hard to pass up free money, I’m not sure prices have much further to go from here, and we’re not sure we’d like to move back to the same home that’s been rented for 3-5 years anyway.

Especially when it goes from mis-managed to well-managed or vice versa.If a property is increasing the NOI, the market’s cap rate is fixed and so the property’s value goes up.So in the situation you describe where NOI is effectively zero but could be a lot higher, you have three choices:1.