I think it's a good opportunity here for me to sell and buy something bigger since the tenant can buy it in its current condition and I can get a discount from the realtor on the commission fees.

There are real estate investment opportunities everywhere. 

I have an opportunity to purchase this property, and tear it down to construct a 4 or 5 level condo type building (which is what is being done by the local developers in this area).

This strategy will open up more opportunities for you.

My wife and I got the "flipping fever" and we are moving to Tulum, Mexico, a city with tremendous growth and great opportunities. 

This should be a business decision and a 'learning opportunity' about what to watch out for and what kind of people you want to deal with moving forward.Oren

Holding them- not flipping -gives you the opportunity to use a 401(k) or other qualified plan as well, and get the benefits of tax free  or tax deferred  income. 

It has investor friendly legislation, stable rent rates, and affordability, but like everywhere else, the good opportunities are slowing down.

Recessions can be tough, but they can also provide enormous opportunities. 

You may come across some great opportunities.