I think all of your questions have been answered, but I thought I would weigh in here.First, keep in mind that tax-free is always better than tax-deferred, so I would recommend that you sell in a timely fashion so that you can take advanced of the $250,000 tax-free exclusion under Section 121 of the IRC.You can always reinvest in another primary residence or another rental property after you sell, if you so choose, but you will have locked in your tax-free gain.

(This is the closest related topic that I had to choose from so don't hang me if I should have posted somewhere else....)

Hey Jim,I would definitely consider it, if the numbers are right.If the ROI is worth it, id toss the keys over to a property management company.If you choose not to use a property manager, I would be sure to screen screen screen the tenant.Hope this helps!

Now, the thing is, should we choose to invest this chunk of cash into a Texas or Midwest property, which none of us know anything about those areas, it would seem according to multiple sources that our ROI yields roughly the same numbers, in either the flip scenario or buy and hold, but...We end up with a much nicer home in a better neighborhood cashflowing about the same on a property we can pay off in two years just or less (40-60k properties) that have a much slower appreciation, but obviously better income once paid off.ORWe flip a house using way less financing, and inevitably decrease the risk of a flip gone wrong.That's our 20k dollar debate.

So the "right time" to act is when you choose to.

You can certainly shop different lenders, choose wisely as rate and terms are important, but so is the lender that can actually do the deal, keep that in mind as well.

I think anyone who chooses to ignore things like roaches, mice, mold, etc. just because someone is poor would need to be recognize that they are morally corrupt and would be able to live with themselves that way.

I am purchasing a house in a town that has 100k people so not many home inspectors to choose from.

You choose the store in the app.

If she chooses to put the lease in her name alone, which is often a lot easier, they then lose all the protections in the SCRA.