That's not to say rents would not increase over time and viewing the asset from an income approach, but as to market, they go down.Mobiles are cheaper to get into.

In other words, unless the market has improved and values have increased, the most likely scenario is that I'd lose more money by converting to a rental, *UNLESS* I held it as a longer-term rental.2.

These are decently profitable rentals and I have a concern that the city would look to increase property taxes I am looking to reduce based on rental income.

If you answered yes to ANY of these questions you need to evaluate further and make sure you have plans B,C,&D in place for how to keep the property profitable.The equity could be exponentially increasing your returns if you cashed out and reinvested with more cash flowing properties.

The rent/price ratio works for me, with rents increasing, and super tight vacancy.

We subscribe to the buy and hold strategy so we're not worried about having individual parcels to sell or flip later on down the road.Our strategy is based around being able to force appreciation by increasing the NOI and then refinancing out to get our money back and do it again.

Would upgrading the kitchen and landscaping seem to increase the value of a home?

It may help increase they house we plan to build value.

In my market we have had an increase of multiple offer listings.

Increases & they waited 2 months before they could take possession.