Additionally, creative revenue streams like adding storage or premium amenities can boost NOI.

$800k at a couple extra percent means it’s costing you AT LEAST $16k PER YEAR in additional interest.

Additionally, don’t overlook the opportunity cost of pulling money from your 401k—those funds could have been compounding in the market.I’d also suggest stress testing your ROI by running scenarios with higher expenses or lower rents to see how resilient the investment is.

You can evaluate the additional cost and payback time as if you were paying for heat to get a handle on it but the jump to most efficient is probably not worth it in your situation.

These are professionals with additional training and a stricter code of ethics.

Since it's trust ownership, there are some additional benefits. 

It would be best to schedule a call so that these items could be discussed in more detail and provide answers to any additional questions you might have. 

Additionally, it's essential to exercise caution with certain hard money lenders, as some may eagerly finance questionable deals with the intention of foreclosing.

Maybe you could extend the closings with some additional earnest money (even if you release it) and buy the time so you can simply do a regular 1031 exchange.  

Additionally, if the market conditions improve, you might have a better opportunity to refinance at a more favorable rate.5.