My vote is to keep the SoCal properties and if you can do a HELOC or equity loan to pull some equity out if you want to buy in Memphis or somewhere else. 

Focus on properties that will have a strong rental market and a clear path to increase in value.Overleveraging:Some investors refinance and pull out too much equity, leaving them with little to no cash flow.

Have your realtor pull the tax records and you can see the difference between the SEV and Taxable value to do the calculation.

Hell when you pull back the curtain most people would be shocked to realize that all those prim and proper super nice 50 year old lady Realtors that seem so nice; those ladies are some of the most cut throat sharks in the game.

To all the millionaires out there, where do you think is the best place to put your money to let it grow while still being able to pull it out when needed?

Nathan,Thanks for the response and support.Of all the categories of businesses, REIs with due diligence and real estate agents with ethics classes are the least likely to pull this stuff.My nephew in 19-County says, "Hay" I mean "Hey"We publish a weekly blog on the company BP site, Utah Real Estate Accountants.Janet

Given the Fico on this deal, this is probably the biggest lever you can pull to reduce the total costs.

Then just get a new mortgage on another property and rehab it and refinance to pull out capital to put on another.

Hi Brian, I mostly pull Rentometer pro reports and cross reference with MLS and Zillow but I only focus on properties that ACTUALLY rented, not just listings.

And, you have an additional $3k in drywall work that wasn't planned because the electrician needs to cut holes to pull the new wires.