– are you ok with being a landlord? There are folks who enjoy it. And folks who look at it as too much work. Given some of your statements in the past I know you’ve had tenant issues and management company issues. Are you ok with future hassles/issues?
– You say you’re not cashflowing. That’s a red flag for me. Presumably, at some point, rent will go up to where you have a net positive cash flow. Are you ok waiting it out?
– You mention depreciation. You know that the depreciation is recaptured when you sell. So that will impact your taxes when you sell.
