You can see if it appreciated historically and then you can think its a good deal after 2 years of waiting for it to pay you back?

Basically an informal audit of ones portfolio.This could be as simple as creating a few benchmarks (specific ratio of expenses, total PM fee ratios, vacancy rates and duration,etc)As much as one could assume they have a well oiled portfolio, an outside investor could find areas of improvement.

We are outside of the standard build warranty, but are continuing to discover MAJOR corners cut, and getting repairs and pre-emptive fixes is costing us lot.We are estimating $20,000 in total expenses that we are going out of pocket for due to poor workmanship.

I am struggling trying to decide my next step- should I try to pay down my two current properties that I own as much as I can (I make about 150-200k a year).

The tenant is doing everything right but the assistance program pays out late.

We have been happily surprised at the upside available from paying a full, fair price to a mom-and-pop seller, upgrading, increasing revenues, and selling to a higher level buyer (like an institutional player).

Doing the right thing is expensive, but it pays off in the end.

The goal is to have this home pay for itself and eventually be able to retire to this house full time in about 10-12 years down the line.

If I sell for $250K, how does that get divvied up between profit and paying off the mortgage I took out? 

My spreadsheet is $30This helps pay for consumables. .