If you hold a property long enough and it is a good one then getting all your money out and ending up paid off is a great thing but for some an asset to leverage.At the end of the day it is all about personal choice.

I personally think out-of-state investing is a top choice.

Less choices in the fall/winter, but then again, we're not worried about where to put the tv, or what color the carpet is :) 

Hey Geoffrey, I do exactly what you're describing but my market of choice is just north of Toledo...

Evaluate these options to find the one that best suits your needs, there's no perfect choice, that's for sure!

That would be the #1 choice.

My first choice here given the facts would be to "bribe" her.

Let's connect to discuss why it's a prime choice for your 200k investment! 

DSCR has covenants you agreed to.. you violate them they will ( at their unilateral choice) invoke the Alienation clause. careful on that one I know its soup de jour but consider who is giving you this advice to sub 2.And in addition ONE default defaults the entire portfolio..

I kind of have no choice but to let them move to 1st fl and hope they pay the rent otherwise I'll get nothing at all.