But, making $1000 a month on a single property seems more appealing that two properties (assuming the next property would net similar to the house) that only bring in around $400 each.

Has anyone had success with a property tax appeal?

You will look more appealing to the seller, because you can close quick and the financing can not fall through.

In my situation, the numbers worked better than anything else nearby, the amenities increased appeal to renters, and the condo association handling the exterior maintenance lessened my workload as an owner. 

Also my agent mentioned an 8 bed/8 bath does not appeal to most buyers in the area.

You can also ask me general questions about tax assessment processes in other states and appeal cycles since no state is one in the same.

I would recommend waiting to get the appraisal back and either appealing it or asking for a new appraiser and note material defects in the report such as wrong square footage, wrong house type etc.

The idea of finding new tenants is not appealing, but this is really wearing me down.

(And I'm also originally from MN - small world :)It was digging deeper into rental comps that made this deal look a little less appealing - the comps on paper were good but the dated interior would definitely knock it down a bit.The search continues!

There are plenty of other reasons, yet that is what I found so appealing about eXp.