What we paid for a property is completely irrelevant after the closing day....what matters is the current equity and the forecasted future returns relative to alternatives.Many investors use forecasted IRR and they frequently subject their EXISTING properties to their ACQUISITION criteria. 

I am indecisive on what may be best since our current home has just had a complete remodel so it should hold up well for a while before significant rehab costs are needed, however, I may be able to use the equity in the home for higher ROI properties. 

In my opinion, anyone that tells you that any one of them is superior in all ways to the others, is not giving you the complete picture.

Force Tenant A to vacate completely on October 31st and start tenant improvements immediately for Tenant B, with less concessions given to Tenant B.I'm new to all of this, so I'd really appreciate any advice from more seasoned professionals.Specific questions I have:1.

@Andrew Syrios I completely agree with you, I am absorbing as much knowledge as possible.

He stopped by my project because it was all red clay that day as the grading/sod work just had been completed.   

Our local contracts states that anything related to the HOA, such as repairs, violations etc is the responsibility of the seller and to be completed before settlement.

Even if the COC ROI is low, it still cash flows okay and most importantly, I can use the BRRR method to pull money out after the forced appreciation and move onto my next deal.20% down + cost for a renovation would tap us out completely.

I’m currently in the process of purchasing a single family house which I will also house hack while renting out my duplex completely.

Under the rules of Prop. 13, the Office of the County Assessor appraises new construction at fair market value when the improvements are complete, and the value of the new construction is added to the total assessed value of the property."