I sold another rental house this winter. It was in North Las Vegas just a few blocks from the hog farm I have owned it 3 years and did all right renting it out but wanted to sell it as the only tenants seemed to be section 8. The neighborhood was iffy also. In fact the reason my 2 tenants I had left was because of safety concern. Last tenant got broke into twice in one year. He did not do somethings right and deserved a little of the blame. FYI I paid $139,000 September 2012. It was 4 bedroom 2 1/2 bath with pool. I sold it in 8 days with a listing price of $199,500. By the time we settled on different things I would say I got $193,000 for it. Of course less expenses and realtor fees at 5 1/2%. Biggest hassle was the above ground spa that I more of less just gave them. The tenant used it and it was drained and they wanted guarantee it worked. I filled it to show the jets worked. But of course you could not test the heater unless you just let it run. Seems whenever a person sells a house some stupid thing comes up. If you haven't heard a week after the offer was accepted they announced the hog farm is being moved towards Pahrump. Should help values but am afraid it is too late to change the neighborhood. The elementary and mid schools had a grade of D and D-. Not good. So now I am rid of 2 houses and have 2 rentals left. I have no plans to sell those as they are easy rents in great neighborhoods and very close to my vacation home. One still has same tenant that moved in after I bought it 6 years ago. Other has current tenant going into 4th year. They are worth well more than paid for but are stable investments now. 4 rentals were just too much to control miles away. Plus I wanted the profits to help payoff the vacation home My plan worked, but of course IRS wanted to make sure to get a cut because I was right. Capital gains tax wasn't bad but the additional tax on passive income was the tougher pill because of my other income. I can look forward to that hurdle this next tax year again.