I'd also recommend making up a few situations that you might encounter and role play using the list of question you want to find out.

I am in a similar situation.

Hi,I want to get your inputs on how to handle this situation. 

If the awnser is better systems, what would be a practical way to resolve a situation like this.

We are primarily looking for land on which to set up an owner-occupied situation with 1-4 rentals.

In my situation I can only borrow 70% of LTV. 

That’s why I invested in rentals—to have a safety net.I'm not exactly sure where you're at, but if your current situation is causing frustration or stress, there’s no shame in selling a property to free up capital.

There are limited exceptions for properties that were recently purchased but it does not sound like that applies to your situation.

•Would the $70K+ cash from flipping significantly impact your financial situation right now?

My heartburn is mostly around how to handle the tenant situation.