It's stopping me from scaling to a much larger portfolio leveraged versus a smaller paid off portfolio.  

You do a 1031 to a new, larger property with even more depreciation.

Market selection is tough because there are so many choices.

Or like your plan use it all as a down payment on a much larger property.  4.

There are new construction homes about 2-3 miles away going for 190-200,000 but I think they may be a bit larger than what I am building.

I’m particularly interested in collaborating with like-minded investors and exploring partnerships for larger acquisitions.Looking forward to learning from this community and connecting with others passionate about multifamily investing.Excited to learn and connect with you all!

Fannie Mae allows for higher loan amounts and larger renovations (up to $806,500 in most states). 

The Housing Choice Voucher program here is run by CMHA (Columbus Metropolitan Housing Authority).

The water heater and furnaces are all in the basement so it looks like I don't have much choice.

It was entertaining.This is a larger example of what has been happening all over the country.