If it's between november - february and you get an offer from an insurance company it maybe worth it than leaving it vacant. you can extra 10-20% and you can blow through some of the cold months so when you do have to find a new tenant, it should be easier and rent should be higher.

I am a long term buy and holder.I started with 30 year mortgages, but later refinanced into 15 years, and some 10 years when the government adopted the "Home Affordable Refinance Program" (HARP) at very low rates in response to the great financial crisis.

The house recently appraised for $550,000 and we received an unsolicited offer in the $600k range a few weeks back.

I made an offer on the spot!

With those set aside, do you think the monthly cash flow, cap rate and coc numbers are good enough to make an offer on the property? 

Stanley,  I would take up the offer to attend and get involved in local real estate investing clubs.

I will defiantly contact the local GSA office Monday and see what type of demand there is for what I'm offering.

Andrew,Feel free to send me a message or reach out I would be happy to talk REI and offer some advice from a few different angles.

I would look into getting a registered agent address lots of offerings for this type of service it will help a little with privacy and peace of mind but you can and will be found...For example my county took out the name search for property records but if you go to the tax claim bureau site you can still easily search by name and business name.   

Choose a strategy - Real estate offers options like buy-and-hold, house hacking, or flipping.