It's currently valued at about $95-$100k.Should I sell the property & 1031 into another "nicer" multi-unit in a better neighborhood that will certainly cost more & likely not cashflow as well?

I find the supplies usually get used and, to me, that's money well spent if my guest is keeping the property clean.

@Kari Morales @Greg CobbFor your investments you want to make sure you're buying from someone established, experienced and well reviewed.

(You can do it with STRs, and Airbnb is mostly what I'm seeing with my investor clients.)But we were breaking even with our first two or three rentals in Denver as well that we bought between 2015 and 2017.

In addition weather makes a difference as well.. snow ?

There's also some nice meetups as well you'd learn a ton from.

You also have closing costs as well as capital gains.

Meet with them to mention that you will be sending them a notice of rent increase as they are well below market rent. 

It's called onera-group.com, in case you want to have a look as well, as I think they have data for Minorca.

Ok I do the same buy and hold as well and that definitely works there.