SELL$216k loan balanceAppraisal before new roof/upgrades: $285kBroker CMA: ~$299k (under current market conditions, wouldn't be able to list for a couple of months)Equity: $65k  ($299k - $216k - $18k) Thinking out loud: I hate my neighborhood and I'd love to be gone.

Real Page is a big player in the apartment management market, but also owns SFR & small apartment software Propertyware.You may want to ask your Buildium rep what upgrades are planned for 2021, because we've heard from our PW rep they have major plans for improving Buildium.

Look at legit comps not the stuff next to the main hospital where the whole neighborhood has been upgraded. 

If you are upgrading to a bigger house of better house, you will likely lose all of your profit on your sale by bidding on your new home.

With a rental, you can do a few things you cannot do as a lender such as utilize leverage and strategically add value through smart acquisition and property upgrades. 

B- seismically upgrade my properties (sheer walls, anchor bolts as a minimum).

New tenants should be signing YOUR LEASE, getting some maintenance/ upgrades, and paying market rent.

My first rental was a primary residence that I converted into a rental because I owed roughly 35% more than it was worth when my wife and I decided to "upgrade" to a larger house in a different neighborhood.

You put the app on your phone and you turn the system on and off remotely, no upgrade necessary.

The plan: I am looking for 200-275k 3bd-2bath home in need of cosmetic upgrades in the DFW area to buy in 2-6 months.