From I have seen so far ROI on rentals in Wichita, KS have been not so great unless you uncover a really great deal.

I'm a Realtor here and the company I work for specialises in RE investments/multi family and property management. 

We think there are still good deals out there to be found, and having the right systems in place and continuing to nurture relationships in the marketplace allow us to uncover them.

Take a look at this case and the vast amount of detail the IRS uncovered.

To protect yourself your job is to uncover them. 

As we uncover more information about loans, we find that maybe the income doesn't fit (peg 1) and the borrower only has 1 year self employment (peg 2) and maybe they have some credit challenges (peg 3) and on and on. 

I use the inspection to get a price reduction as well as to uncover issues that may not be immediately apparent.  

This should uncover any issues re: lead paint, asbestos. 

All should be taken into account when investing, but it is risky to be dependent on appreciation alone for an investment.Given what you've said, it sounds like the value of the property should be going up so I would definitely hold onto the place unless you can uncover other opportunities where you strongly believe you'll be able to generate a higher ROI by selling. 

We have seen uncovered storage do very well.