Cash will be the largest deciding factor.

Also, have someone call posing as a potential renter to see how they handle business.No single step will guarantee success but careful research helps to reduce the risk factor when it comes to property management.

Our team of investors will work with you to get you top dollar for your cash flow notes; examples� �Real estate notes (lease purchase/fsbo (for sale by owner) �Annuities (structured settlements, lottery winnings, contest winnings, deferred sports contracts, some types of pension payments) �Royalties �Equipment leases �Accounts receivable factoring �Government contract payments Please contact us to schedule a phone consultation.

(ideally)Any advice would be greatly appreciated.

It depends on many factors, some within your control and some not.I would suggest joining someone's team when you first start out.

However, any gain attributable to depreciation is TAXABLE.I guess it depends on (1) the amount of gain, I live in TX and we pretty weak housing appreciation, (2) the hassle factor attributable to moving and (3) how much of a step down is it to go from your current (rich landlord) home to move into one of the slums that are your rentals, LOL.If the mortgages are nearly paid you're reaching the point where the cash flow gets really schweeeeeet!

Whether or not it adds value depends on the factors I stated above.

I suppose the biggest factors right now are what we'd be able to get for the house if we sold it, and what we'd be able to rent it for.

You will need to factor in the different costs for financing when evaluating deals.

Nothing major but just little things I considered reasonable.I found one of the most important factors to finding a great place to live was the relationship with the landlord.