Other office tasks, such as, monitoring leases, processing payments, managing tenant requests and handling the bookkeeping can be automated with your software of choice.

The answer choices are:A: $675,000B: $680,000C: $669,000D: $679,000

If you're going to do that, you have a choice of any market in the country.

I am not sure I can express it.The smart thing to do is to look for other employment before quitting one's job but I really do not have a choice.  

Price it at or a little under market and you'll have your choice of tenants.  

OTOH, even if you're making $200 a month, but that's only a 3% cash on cash return, you may have better choices for where to invest the cash and generate a higher return.$300K is way too much to pay for $2400 in monthly rent. 

I've met many purchasers who have lost $50k+ in a deal because they liked it even though there was no good financial reason to make the choice. 

We hope to continue making the right choices by educating ourselves, with the help of BiggerPockets and hopefully all of you!

It's the obvious choice, and they know the lay of the land so to speak, and costs involved probably.

Mediocre let's you set low goals and not challenge yourself to see what REALLY is possible.Being mediocre is a CHOICE.