I have regretted every single sale we have done.Learn more about your local rental market and the specific houses you are competing with.Put together some long term models, 10-15-20 years and consider appreciation, rent increases etc. and make your decision based on an objective analysis of your overall financial condition over that time.You will probably see pay increases over time, your primary will get easier to pay for and in a few years you will really appreciate the growing margin between income and expenses by keeping the rental.

However, in the game of investor relations, and in any game that is based upon actual human trust and relationships, progress is not linear.

You have a couple of options to pull your cash back out of a property...delayed financing can be done immediately, LTV will be based on purchase price.

I believe the answer is not based on rhetoric, it is based on your goals.If your only goal is to own an investment property, then invest locally.

Since I'm not based in Pittsburgh, I'd need you to send me the dimensions.... but if there's someone locally who you can hire to measure your units and provide a 2D floor plan, that would make things a lot easier!

Their portfolio page had a project that I was familiar with and based on what I knew I didn't think they could have been involved with it.

Successful investors often diversify their strategies based on the specific circumstances of each investment.

We've gotten loans from banks on properties based on their market rent.

@Neil Wei Hi Neil, unfortunately with rates and then with the Boston region being what it is you aren't going to see large CoC (CoC is a pretty tough metric to base decisions on here in Boston anyways, as very little will really make sense just focusing on that).

But on the LP side, a base hit can leave you with a very modest return (if not a modest loss).