Lawsuits against HOA, HOA lawsuits again insurance companies, deferred maintenance that makes it not qualify for FHA loans, too many investors make it unwarrantable for loans, too many investors, force you to sell to another investor (investors never want to pay premium prices) and just so many other issues.I would say when your lease is up, sell that bad boy and either 1031 into a different kind of property or just take the cash and run. 

I'd do a 1031 exchange and defer capital gains.

If so I would reach out to your agent and ask if they have any good investor friendly insurance broker referrals so you can have someone doing this kind of work for you and just presenting you with options!

@Patricia Steiner what asset class presents better return than BTC over the past 12 months?

My question is how would I present this for financing? 

On Monday, we presented our 253-unit townhome Planned Unit Development (PUD) to the City Commission and received a favorable 4/5 vote!

I wanted to point out another big advantage of CA RE that is not present in most out of state markets.  

How to find info I need (remaining mortgage balance, mortgage payments) to go in with eyes-wide-open and present an excellent solution to the Seller's problem.b.

Invest: you can have a self-directed IRA (or better yet a truly self-directed Solo 401k plan) and invest your retirement dollars into virtually anything you wish, tax deferred.

Presenting a solid business plan can help you secure funding from private sources.Whichever option you choose, make sure to run the numbers on the flip to ensure it’ll be profitable.