Limited Property Inspection2.

This is because lenders see cash-out loans as higher risk, especially with investment properties, so they limit the LTV to reduce exposure. 

I work long hours at my job and have a 5 year old at home so my time is very limited.

- **Eligibility Requirements**: Ensure you meet the eligibility requirements, which usually include income limits and citizenship or eligible immigration status.### 4.

We are in the process of becoming permanent residents (still a 1 to 3 year process for us), which kind of limits us with regards to loan and financing options. 

Since you've lived in the apartment since 2007, you likely won’t be hit with any capital gains taxes as long as your profit is under the IRS exclusion limit ($250k for single filers or $500k for married couples).

No limits to cash out either. 

I've been a long-time Ogden bull with posts like these:https://www.biggerpockets.com/forums/12/topics/882817-local-...https://www.biggerpockets.com/forums/586/topics/785294-who-h...But, like a January 2022 study determined, Ogden is overvalued. 

You may be able to capitalize on this if your area has experienced similar growth.Simplification: Selling would allow you to focus on your new single-family investment properties and potentially expand in those markets.Capital for other investments: The proceeds from selling could be used to fund other potentially higher-yielding investments, especially if you use a 1031 exchange.Small town limitations: Depending on the specific town, there may be limited growth potential compared to larger markets or more popular tourist destinations.Given the stable cash flow, low remaining debt, and your established experience with the property, keeping the fourplex seems like a solid option, especially if it's in a location with STR potential.

But if your amount of available cash is limited, then you might be better off starting with single-family and working your way up as your cash grows.