Are you interested in buying a rental property? I have a one with excellent cash flow. A two bedroom townhouse built in 80s. Monthly rent is $1200. HOA + water bill is about $310.Currently property tax is $1300. The current lease will be expire on Feb 22nd 2013. Tenants probably will extend the lease.
Since my family moved to Bay Area and it is such a crazy place for housing. We need funds to make a purchase here. So I am considering about selling it around $100k (if all cash).
