acceptable appreciation
What do you expect as baseline appreciation on your investment properties?
I have a 2/1 on a large lot in a nice area that never appreciates over 7% a year and a bare bones huge old 1910 triplex in an excellent neighborhood that got over 10% every year for the past 6 years. Square footage seems to be a big factor in appreciation. Don't make much profit on rentals due to expenses such as property taxes so appreciation becomes more critical these days. What's your bottom line on appreciation?