Some of the most expensive and difficult properties in the country (and world) to develop were vaporized into potentially un-developable lots.

You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1  Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

Washer/dryers are often abused, so there's the initial cost of purchase and the risk of increased repairs.

Sounds like you need to have a relationship with a couple of good contractors, 40k for vinyl siding sounds high, what was the material cost.  

Hi @John Keane,Have you thought about offering a clear pitch deck or summary to share with potential investors?

Hi @Elias Halvorson,Both markets offer lower costs of entry and opportunities for cash flow.

Best pay compared to cost of living.

I would characterize Columbus as some positive cash flow but amazing appreciation potential.

This falls under that category, by not keeping the heat on, you are ignoring basic maintenance and creating a potential risk.

I haven't sold yet, I've been analyzing property to get a head start on the 45-day timeline of identifying the potential replacement property (and because I enjoy analyzing property).