Hold Or Trade? 13 SFR for NNN Commercial

[John Thedford]

I have been a SFR investor in Cape Coral, Fl for the past few years. I have a SFR portfolio of 13 houses-12 in Cape Coral and one in Lehigh Acres. I am considering trading out and moving into some industrial space. This would be HUGE for me so I need all the input on this idea. I believe the portfolio can net about 200K+ next year. I think the portfolio is worth about 3.5m+.

Why this idea now? 13 roofs vs 1-2 roofs. If I buy NNN all the maintenance costs, etc get passed on. If I continue to hold the portfolio I will have to start replacing roofs in the near future.

Another consideration is where is the commercial market headed? Houses are still off the chart.