When you get down to the math, it costs less to keep (good) tenants than it does to find new (unproven) ones.Costs involved in keeping a tenant: an occasional gift, the occasional repair, paint an accent wall of their choosing, etc.Costs involved in finding a new tenant: #1 is lost rent for the amount of time the unit is vacant.

My going in strategy is to pay her a fee to list it on the MLS, put a lock box on it, and do other things to get folks in, as well as a finders fee to any agent how brings me the person I choose to sign with.

The other banks I'm looking at cashing out refi with have no seasoning requirement.Which option should I choose?

I believe it's because they read stories like this, and when they don't get a deal after working (for free) for 3 solid months they quit.Therefore, I like to see people educated on exactly how the wholesaling business works, not to depress them, but to prepare them for the journey should they choose to take it.

Shift the burden to him taking action against you, and in the meantime make living so harsh he'll choose to do it elsewhere.

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.