It's about 20 mins from Portsmouth as well, another popular destination in NH.  

Even if there isn't there is talk about privatizing Freddie and Fannie, so if that happens, I would certainly not expect rate cuts and would probably expect rate increases as private investors probably want better ROI.So with those things in mind, might just be time to sell #1. 

They use leverage in some of their funds, which can increase returns, especially if they have a low cost of capital (but potentially increase risk and trigger UBIT issues).

January’s inflation report showed higher-than-expected price increases, raising questions about the Federal Reserve’s next moves and the overall direction of the economy.

I think you're missing another point-- if rates increase.

That has been a huge issue all around but there has been an increase in the rent collection sector. 

If you can’t increase cash flow or refinance soon, selling could be the right move.

With vacant land becoming increasingly scarce—especially in Southeast Michigan—could we see a rise in home teardowns within established subdivisions?

We had a very slight increase recently in the smaller of the two investments.

It allows for passive returns with increased control and diversification.