We are buying 3 more right now. 

We are so shocked by the state of a recently acquired property that we're considering re-selling it as-is and chalking it up as lesson learned. 

Fortunately, I had reserves and we are able to roll some of these onto credit accounts. 

I think we are on the same page.  

We are in a 1031 position until 10/3/16.  

I had no one to refer to@Ariel G.Nice to have someone here in Israel to talk to, and to consult withI wonder how did you manage to analyze deals, because I don't know if we (as Israelis) have the knowledge to do soAs I said in one of my posts here - we are not familiar with the market in the US, so I think it is hard for us to know for example how much rent can we take, what about insurances, property management costs and so onHow did you manage to gather all the data and make an analysis?

We currently own our primary residence in Nevada, a vacation property in California and a SFR rental in Seattle.With our limited experience thus far, we are considering out of state properties in the $1-200K range.How long does it take before one could justifiably be considered a pro in the eyes of the tax man?

Now here we are, the due date/grace period for rent was yesterday.

We are almost ready to move onto our next investment either by selling thi house and doing the live in flip again, or by finding enough money (hard) to buy a rental and get that ball rolling.

In any event this could enhance your appraisal somewhat.