I sold the portfolio in individual transactions to mainly FHA buyers in 2015-2016 for $140,000-$170,000 and by 2019 most of those homes were resold for $275,000+.

I do not know if your area has any rules against this for SFR but what we have done in the past from a marketing POV is to only bill 75% of the cost so that the tenant feels that they are getting a better deal than individual meters.

Anderson, a trusted individual, your corp/llc?

Thanks Nathan, do you have any contacts or info for collection agencies that will take on individual debts?

I created the following decision tree to simplify the process.Ultimately, the decision to use a 1031 exchange or refinance and take out equity depends on your individual circumstances and investment goals.

Over time, I’ve been quietly absorbing knowledge from the talented individuals here.

Your approach of setting up separate LLCs for each property under a holding company is a common strategy to limit liability and protect the equity of each property individually.

You can treat each unit individually in charge, I would suggest, whatever the market rate dictates.  

Hello Jedd - thanks for the response.The 3 units are currently all supplied by the same line but a plumber is looking into what can be done to isolate each individual unit from that main line.  

That's a more difficult sell.You're likely going to have to rent it out as individual rooms, perhaps to local college students.