If he 1031's he'll get the full equity to be used for his replacements.Taking a LOC will probably shift that property into a negative cash flow position. 

Really appreciate you sharing your experiences around this shift in investment strategy...thank you for your insights. 

It's amazing how my mind set has shifted since I wrote this post to now.

So looking at a career shift that’s more flexible hours.

And how do I shift that role to one of the other owners after I sell?

I'm thinking that maybe the house shifted a bit as part of the move and that there are no real issues with the house.I'm trying to get a contractor to check out the property and let us know if there are any significant issues they can see, but from my understanding, even getting structural engineers to check out the property would require significant time and resources to perform a full evaluation.

As far as concerns for a bubble, the real estate market is always cyclical, and if you research the trends it usually shifts every 5 1/2 years.

Hi Branden, congrats on your mindset shift.

It seems would-be homebuyers would rather pay $4000 for a high-end condo -  Agents are still adjusting to the market shift as its typically been the practice of listing on the higher end of comps which now needs to change.    

Changing jobs may be a viable option if you want to shift seriously into investing.Alternately I would be looking to partner with someone at home.