I would like this option with my investment property.

If your household income is more than 5 times monthly rent, a guarantor may be an option in lieu of a sufficient credit score.

After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options

I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options 

To Chris' point, you can find lower options if you handle some of the management responsibilities.

On the other hand, owning rental properties gives you full control and the best tax perks but also requires the most work and risk management.Whichever option you lean toward, always diversify across deals and sponsors, and don’t hesitate to ask for references or do background checks.

Therefore, your financial freedom hinges on new companies continuously moving into the city, creating replacement jobs.Companies have many options when selecting a location to set up operations.

.- One of our projects has fallen so far behind that the only viable option to get back on track is an early exit.

Option 1: Seek out a portfolio lender and/or look at better asset types - commercial.