If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

Hi, have a property which an assessor found to have lead hazards which need to be controlled.  

Just made me feel better since I had far less control vs my other property right down the road.

That I can control the value of the asset solely based on the income it provides and the Cap Rate?

While other might argue otherwise, the fact that your move is dependent on your employment, health needs of your family, or something out of your control - you should be good to go!

Your analysis doesn't reflect a conservative risk control. 

Things like time commitment, control over deal, higher tax bracket, and many more should be considered making a decision as to which strategy to take.

Takoma Park is rent control land.

Read up on the new Rent Control laws AND if you need to evict you need a valid reason. 

A gentleman (let's call him Bob) called me and asked me if I took section 8; after which he launched into speech of needing to run for mayor, getting involved with gun control, earning his 3rd degree and fighting for the whales.