Simular to @Julie McCoy, my STR are suffering.

Monterey is awesome, with the fog rolling in, all the beautiful ocean scenery, and also was out there when butterflys came home to molt or whatever they do there in Carmel :)Bob

I asked a simular question before but I worded it wrong.

I asked a simular question before but I worded it wrong.

If you 1031 I can see doing it, if you just cash out it makes it hard to get a simular return in a different vehicle especially after taxes. 

He wanted $50K min.offer.I check around and found 5 simular 2/1 between 885sqft-1210sqft properties that are w/in 5miles of the subject property.

What I was referring to is in the simular vein of what Nick B just mentioned.Basically figuring out how much of the note proceeds could be used as spendable income (like at retirement) without eating into my principal.

It's a leap of faith getting your first property but your situation was very simular to mine ( I got stationed in El Paso at ft Bliss in 2007).

They disagreed on the prices but they both agreed on the fact that people would be gaining access to properties that have about $50,000 in equity.below are some of the prices comps and zillow estimates (Does any body know anything simular to zillow).

I was in a simular rut and looked on the title application our MLS has connected to it.