I am looking for a place with the lowest prop taxes (low city assessed value), high cash flow, and relatively low crime.

I am glad you find a match for your retirment savings Jason.Let us know how the progress goes with that.Lets keep this thread rolling as Justin suggested.

I heard they were a little more liberal and progressive there.  . 

As we are at an advanced stage we have decided we can take no further clients after this weekend as to do so would compromise progress.

You buyer would make the new payment to you.I agree that I would need a cash out sale and then exchange into something with much better return with about 500K-600K equity.So, I need to figure out who to list with and how to assess the market value for sale.Thanks, Richard C :D

Hi Adrian, please keep us posted on your progress if any.

I have not yet assessed the late fee ($30) that is specified in lease.

You will be competing against other vacant properties to get the pool of tenants so you need to price accordingly and get good tenants in there.However, your assessment of the existing tenant's tolerance determines the rate increase if the property already has tenants in there and they are hoping/planning on staying beyond their first lease.

That way you can better assess if a property is fairly priced, and whether or not it's a good long-term investment.

Good morning Gabrielle,    I agree with Adrian's assessment.