It is impossible to evaluate without all factors. 

I would file the federal tax return mainly for the ECI declaration and to submit the city return which is mandatory anyway.

Another thing to factor into your strategy is your time cost.

If you have a system to buy such a good deals - way to go.Did you factor your time spent, too?

Price, area or something about the property are the main factors. 

What were some of the major factors that led you to invest in the areas you're in?

I know with rental properties, one of the main goals is the build long term equity in that home with some extra net cash flow after all expenses and savings.

I had same opportunity, but didn't take it as the floor commercial will be the main source of income , it was too small for any popular to lease it , and franchises makes 60% percent of all businesses

The main thing is to have strong cash reserves in place and to have long outlooks/multiple exit strategies in place on deals.

Once I list a task and date, it automatically feeds into my main task page.