The two are almost entirely different markets in terms of price points, returns, tenant quality, and overall investing strategy.

Selling your share at fair market value could avoid gift tax but may trigger capital gains tax for you based on the sale price and your cost basis.In California, the transfer may also trigger a property tax reassessment under Proposition 13 unless a specific exemption applies.

There is a single family home in front, and in back there is a guest house/loft above a garage.

Option 3: Pay large down-payment on modest rent ready house. 

Warren - I'm in the Atlanta market and would love to connect.

Coffered ceilings, low corner additions etc.Anyone can slap lipstick on a pig, looking for high value add in high demand markets is where the $ is.

I was involved in a bunch of industries—from wellness and gyms to digital marketing and consumer products.

If you are concerned about a 1M umbrella that, makes me think that your current policy is way too low for 10 houses.

Quote from @Jaren Taylor: Quote from @Chris Mason: If you have the ability to market and raise money, then you secure the down payment, and do the normal commercial mortgage process. 

Look at their marketing strategy.