I'm assuming it was too high, but I didn't see the sense in coming down as I knew I would be going down to MB to make some improvements, so a small rent wouldn't have been worth it to miss out on improvements for the upcoming high season-this coming September I will be ready to advertise for MTR and confident that the place will look Up to snuff!

HODL.Here are my pros and cons for each:### $100K-200K ### <-- More Active InvestmentPros- Higher Price to Rent Ratio- Fast turnaround to purchasing next property (6 month before ReFi)- Value Add repairs can improve house value a lot- 3-4+ purchases in 5 years = More Learning Opportunities/NetworkingCons- Higher Risk of Bad Tenant- Maintenance Repairs- Lemon Purchases### $300K+ ### <-- More Passive InvestmentPros- More equity to draw from down the road- Good Neighborhood- Family Tenants are saferCons- Higher Operational expenses (Taxes, Insurance)- HOA Limitations- Typically recent builds/renovations so not much room for Rehab- 1-2 purchases in 5 years = Fewer Learning OpportunitiesI know that there is no one solution.

if you have 239k in equity and sell the NJ home, you could use that money to buy a few homes near you and increase your monthly rental income.

Are there design specifics that you have noticed can help create more income? 

As a reminder, Madoff "had annual audits".Part of my DD, while I do ask if a company has audits and shares them with LPs, I also ask for FULL financials: Income Statement, Balance Sheet and Statement of Cash Flows for properties through partnership level items.  

I've got my eye on a property in Jacksonville, Florida, and I'm trying to gauge if it's a smart investment.The deal:Asking Price: $102,000Type: 3-bedroom, 2-bathroom homeUnique Aspect: Currently rented out in separate unitsRental Income: $1,600 per monthNet Profit Post-Expenses: Approx. $1,200 per monthI'm at that crucial point where everything seems a bit overwhelming.

Non deductible, Better Proximity securing loans) “ROI soonest months” “Cheapest”. 2nd. 3rd Deals, Off Market, brokerage, government, 4thJudicial, Move to USA 1031Tenant Management due diligencePrevious landlords Credit score,eviction record, income to debt between 40 and 60%,hours at home,Pets, poor character appearance Ie tattoos,drugs,crime,personality,dirty car.Value Add focal pointsRaise the rent,Rehab, maximize rooming, section 8, Reducing management “general”Rehab etiquettecompartmentalizations & entry,Colours, Lighting, Fixtures & Amenities, floor, bathroom cheaper / kitchens, fixed stylization.

I negotiated seller financing for: - Purchase price: $400,000 - Monthly income: $6,000 - Interest rate: 4% The seller requests a $160,000 down payment.

The banks won't underwrite the income or the square footage.  

It's strange that you've had little interest in the portfolio of properties...unless they're not producing income or improperly priced based on location, condition, etc.