I'm somewhat conservative from a risk standpoint (especially since I've never invested in real estate to this point), which is why the goal is to eventually own all the rental properties outright.  

If I assumed 3% appreciation on my building (which I know the market has cycles and appreciation is no guarantee, hence were my risk tolerance comes in), it would be worth ~$450k in 22 years (same length left on my loans) @ 3% appreciation (what I have found as a conservative historical average).

Might want to research 'covered calls', a conservative income generating strategy.- <or> Go ahead and think about pulling it out, take the tax hit, and look to buy a good cash flowing rental.Buying rental property outside of a SDIRA is best and more tax efficient.Just my thoughts, good luck!

You can budget around 4% of the sale price to cover these.This is a conservative formula.

Obviously the numbers are not firmed up, but this is pretty close and I have to go off of pro forma for the MF, which I am pretty conservative with.

You want to be conservative after hearing '08 horror stories, but you also want to buy because this is one of the few that looks decent in your area.You have some friends who might be able to come in and partner, but you also tend to be a lone wolf.Would you do this?

Make sure you take size/bathrooms/ features into account when evaluating, and be conservative when you do your calculations. 

Perfect combo for equity.Just yesterday I locked up a home ($600k conservative ARV) for $415k.

I always am very conservative  doing analysis and use 55% for expenses.  

This is a 5 Story appartment complex outside downtown.First story is commercial businesses leasing out.Second story are 4 apartments all leased, I haven't seen anything but the hallway but they look very nice.3rd 4th and 5th are gutted.The whole thing is going for about $310,000I'm guessing conservatively that the current monthly income is around $4000.