I think I'm gun shy because of a condo I owned just outside Seattle a few years ago and sold at a meager profit - it's now worth well over double and of course I'm kicking myself :)  But good point about the wage increases. 

Can sound channel handle doubled up 5/8ths?

Cleveland is a great market for getting them from private sellers, but you need to be cash, Double digit net caps are to be hadAll the best 

Since I sold the home has doubled in value and I've invested another two years on multiple profitable flips.

This super cute house has new roof, new plumbing, electrical system, interior/exterior painted, double pane windows, ceiling fans throughout, new doors, new kitchen cabinets, new light fixtures, wood floors, granite kitchen countertops, new stove, exhaust and back splash.

Plus the HOA is charging double to cove legal fees.

Just like the old saying, labor is double or so of the material cost.

The long-term play is to develop the land out eventually since it is a double lot zoned R-5 Multifamily and can hold up a 5-story multifamily building.

You can do a tax differed exchange(1031) into a better investment, double down on your equity.If the numbers make sense I would hold on to it.

Not much, but add that to your $604.05 in cash flow and you've almost doubled it.Run the same deal with a $65K house that rents for $1000 a month.