The sooner someone does, the less the property will deteriorate.If I can pickup the loan at a discount and they 'make good' (extreamly unlikely), I still come out ahead.Oren

Tenants are still responsible for the unit rent until a new tenant is found, or until the end of the original lease, whichever is sooner.

They are glad about the gym, refuse, water(if included) that is factored in.

Jay Hinrichs points out in podcast 222 that one should pay off their properties sooner than later, in case something unforeseen/bad happens, you have multiple (good) exit strategies.You can still leverage your properties - you can get a HELOC (actually there is no such thing for investment properties, it's called portfolio line of credit or asset based LOC) and you'll be able to use it in case the need appears, without paying interest all the time.Let me know the conclusion you reach.

My plan is actually to move to Vegas in 3-5 years (wish I could move sooner but my job prevents it). 

The sooner the better.

It might be a good idea to replace it sooner than later because if it dies during the winter and you want to switch to natural gas, you'd have to wait until spring.

It depends on where you are, you could refinance and get more cash flow, you could hold and have it paid off sooner. 

It was bound to happen sooner or later...

I know you're not keen on refinancing since you don't want to lose your current rate and you're likely not at the 80% LTV mark, but this path would free up your options and enable you to acquire another multi-family home sooner than saving up 15% down for HomeReady.Also, your current FHA rate of 3.750% will come with life of loan mortgage insurance of .850%.