Selling now may help you maximize your profits and then you can take the money and invest in other properties that have greater cash flow numbers.

Make sure your numbers are right before getting into something like this (you make your money when you buy) and force appreciation to maximize equity position prior to approaching bank with REFI request.God bless.

Over the course of our investing we transitioned from maximally leveraged to buying down debt to increase cash flow. 

You really just need to understand what's good debt, what's bad debt and how to really maximize the usage of money.

I think we might be able to maximize the sellers profit while making a little money ourselves.

This would make the lower cap rate option a more desirable investment in terms of wealth maximization, even if the cap rate is below the market average. 

Your PM is so key with maximizing your ROI.I also transitioned to a new agent after my initial one. 

That is, maximize your contributions to your tax advantaged accounts first.

Obviously the more the property is worth the more benefit you will obtain.If you are planning on continuously buying properties in the years to come, then it is much more than the "time value of money" it actually allows you to continuously lower your overall income tax by using the maximized accelerated depreciation on your new properties.The 100% (or 50%) option of of bonus depreciation, allows you to deduct all (or 50%) of that accelerated depreciation in year one, instead of spreading it over 5 years. 

720+ credit score for 4 units or less and 80+ seasoned LLC for 5 or more units.Hold off on tax write offs on the rental two years prior to financingso that you can maximize your net income for the loan.