Put together a spreadsheet and compare the performance of the subject property if you keep renting it as is for the next 10 or 20 years versus if you rehab and refinance.

I will still stand for the review I gave it in my original post, I think Pace and his team and the community is amazing.

Assuming your property is in Utah (like your profile indicates), here's the state law from a basic internet search:In Utah, a tenant who abandons a rental property without notice is liable for the lesser of the following: The rent remaining on the leaseThe rent plus the difference between the fair rental value and the agreed-upon rentThe cost to restore the property to its original conditionThe landlord can also remove the tenant's belongings and sell them if the tenant doesn't claim them within a reasonable time.

Originally posted by @Omar Merced:I am excited to announce that the first prototypes are ready to install in Las Vegas.

I would say it depends on how well the chunk of cash in your 401k is performing compared to the asset you are acquiring.

Tossed around quite a bit and it isn't what it once was, but the value is still very high based on past performance and brand recognition.

I don't know about your idea of maths but to me that says Midwest performs at 2X of CA. 

Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.

Not sure why that happen, however the best way to screen a potential tenant is to see how they have performed in the past. 

That said, I’ve found that properties in C-class neighborhoods tend to perform best with Section 8 tenants.