Closed-end seconds offer similar leverage. 

I had made a reply to a similar thread on this.

Has anyone else faced a similar situation?

With $135K in equity and options like flipping or investing out of state, you’ve got the foundation to make some big moves.A close friend of mine had a similar situation recently.

@Eric MillerI was going to say something similar to what @Greg Scott said, that generally you wouldn't have this as a choice. 

We’re seeing significant softening on new placement rents, I’m interested to know if others are seeing similar trends in their own portfolios and what they're planning to do next year. 

If you can manage the relationship to lessen turnover frequency and get a similar return as large landlords where if they took the same approach as the large landlord they would earn LESS.

You’ll learn a lot from others’ experiences and get answers to specific questions.2.Use the Networking Feature: Connect with other members in your area or those with similar investing interests.

@Namal Burman, your post caught my eye because I had a former client-now a good friend-who found herself in a similar situation.

It was before my time, but my understanding is that triggering a DOSC was more common in the 80's during a similar rising interest rate environment like we find ourselves in now.