Since your current portfolio is generating healthy cash flow, you might benefit from diversifying into an asset that provides a mix of stability and growth.

We truly believe in fostering community and providing affordable housing while maintaining a high standard of ethical management and resident well-being.We are definitely looking into growth opportunities for our properties here in Norfolk, but we’re taking a careful and steady approach to ensure we can continue delivering quality for our residents.

The idea was to find a property, 4-plex, that would allow me to break even, cover the mortgage, and hold onto it as a long-term investment.However, analyzing the data and really coming to terms with Colorado's market, I’m rethinking my approach.

$50/general clean (they do a thorough cleaning including the filter and all); $150 for a full drain, deep clean and fill.The downside with this approach is continually pounding our well.

I recently found a house hacking opportunity that is a different approach than I'm used to. 

If you prefer a more passive, long-term wealth-building approach, REI is solid.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

It's also great that you're planning to include wheelchair accessibility, which not only broadens your tenant pool but adds long-term value to the property.A video series documenting the process would definitely generate interest, as it could provide valuable insight for others looking to take a similar approach.

A collective approach could put more pressure on the syndicators and make legal action more feasible if it comes to that.Unfortunately, these situations can be complex, and getting your investment back may take time and effort.