I'm not sure if prices have hit their lowest point yet, but they have come down a lot from when they were very high last year.Thanks for the help in advance.Isn't it really about the time value of money and opportunity costs?

It represents the number of months it would take to sell all homes currently on the market at the current pace of sales.

We currently have a property that is taking a little while to sell and we've already lowered the price a couple of times.

Next, figure out how much the entire rehab will cost and contrast it with the possible rental income.

You may need permits for plumbing, electrical, and structural changes.A HELOC can be a flexible and cost-effective way to access funds for a down payment on another property. 

Better software will give you the option of charging the Tenant for those ACH fees, but I personally eat the cost of them.

How to transfer my property from my name to the LLC legally for max protection and minimum cost??

And as the buyer (my colleague) is now getting closer to closing it's starting to look like it might be worth just cleaning the place out and doing a very low cost rehab (paint, pressure wash and handyman repairs) for a quick sale.

I want to sell my property and the tenants are considered month to month.

You've listed what you can get in increased rent, but what would it cost you?