., no commingling of business and personal funds, no alter ego actions, doing proper meetings and minutes, etc.) and have good/proper insurance I would sleep ok at night if I were in your shoes.

The good, the bad, and the uglyThank you in advance, Mike"It isn't the mountains ahead to climb that wear you out; it's the pebble in your shoe." - Muhammad Ali 

That represents an increase of 3.8 percentTotal dollar volume for full-year 2018 soared 21.5 percent to $28 billion;December single-family home sales declined 4.1 percent year-over-year with 6,543 units sold;Total December property sales fell 4.6 percent to 7,709 units;Total dollar volume for December edged up 1.0 percent to $2.3 billion;At $240,000, the single-family home median price rose 3.4 percent to a December high;The single-family home average price climbed 4.7 percent to a December high of $306,314;Single-family homes months of inventory grew slightly to a 3.5-months supply;Townhome/condominium sales fell 7.8 percent, with the average price up 4.6 percent to $206,760 and the median price up 8.1 percent to $169,500;Leases of single-family homes shot up 13.2 percent with average rent unchanged at $1,771;Leases of townhomes/condominiums edged up 1.6 percent with average also unchanged at $1,532.https://www.har.com/content/newsroom?

I'm sorry to hear this.If I were in your shoes I'd start telling myself that I'll be very lucky if I only lose 2 months rent. 

One day, when he stopped on the street to get his shoes shined, the shiner, not knowing who his customer was, related a "hot stock" tip.The next day, JP Morgan started selling off large parts of his massive stock holdings. 

Also, had some scratching due to rocks in shoe tread.

My uncles is an extremely successful RE investor and he had a 7 year pay down plan when he started and I WISH I could be in his shoes some day.Good luck on your decision, it sounds like you’re getting a lot of good input.

I’m thinking with the money out of that house I can buy around 4 homes around 40 k each to generate me around 800 / mo per unit meaning 3,200 a month in total gross income . ( I know this is true because I just bought a home for 40k and am renting it out for that much ) If you were in my shoes would you refi the condo and get 75% out to buy more homes or would you sell it completely for 100% and use the 160k to buy 4 units?

If I were in your shoes, I would research markets where you want to retire to.

In your post you say that Trump assumed the loan when he bought the property but mention in your next sentence that the bank didn't know about it.This means that Trump bought the house "subject to" the existing deed of trust without the bank's permission.When a person "assumes" a loan, they are getting permission from the lender to step into the borrower's shoes to take over the loan.