It is up to the individual what they want to to do with their share.

I eventually decide to to get a HELOC, and used it for the purchase. 

You should pull out enough to make it worth it and you still have the property to live in or rent out.Every property I ever bought I wish I kept, the only reason I ever sold [besides not knowing] is because I needed the money.If you were in CA maybe a flip is best but your market[ assuming its in AL] is on an upward trajectory, much easier to to the buy, fix, refi etc.My 12 year old nephew called me the other day and told me he wants to buy a 4 plex and found one in Birmingham, go figure.

I have a tenant who is a Texas licensed sales agent.She messaged me that she would like to buy-out the remaining 8 months of her lease due to a bitter divorce.I highlighted the cost to to include holding cost and cost of leasing.Sensing that this may run to a couple of thousands,she is offering to list the house, do showing and continue to live in the house until a new tenant is found.I am just not comfortable with this suggestion, I will rather list it myself being a realtor and let her do the showing instead.I am trying to keep the relationship strictly landlord -tenant without any complexity.I am just curious what you guys would do or did in a similar situation.Thanks in advance

Looking like this will not be enough to to get a fixer upper, maybe something in foreclosure.

I know that when the call's done, they're likely going to find a unit and reach out to to listing agent to ask them to reduce to help them in the negotiations or whatever they have to do to make a deal work at my expense.Agents worth a darn cast a wide net and enjoy doing it regardless of the outcome of one situation.

That being the case, I would think SFR would look more lucrative from a returns standpoint, but would also be a lot more work to actually get that money invested (several deals involved).I suspect that is only true if the syndication paid cash.. but its rare that they do.. they leverage to the hilt they have to   to get the returns. 

The requirement to fully defer all tax is to purchase at least as much as you sell and use all of the proceeds to to that. 

As a rental property investor, how many rentals or how much equity would you max out at before beginning to to put properties into another LLC?

Then, get to to work analyzing those deals until you can quickly determine which are real money-makers and which are duds.