If you can get 5.5% on a property like this, I'd lock it in. 

Sure the sale failed, that's a pain, but $50k windfall was pretty nice, no wear and tear like collecting rent anyway.As someone who has a deal that the buyer got a bank commitment, and all other contingencies met, had my house locked up for 2.5 months, they backed out due to accepting a job in FL and wanting to move.

Unless you are already pre-approved and locked in at this rate, I would maybe run the figures again with a higher PITI.On the other side of the coin, your repairs, capex, and PM seem a bit high.

Your financing terms will be much better as an owner occupant and you'll most likely be able to lock into fixed rate long term financing.  

From the day we take title you then have 180 days to sell the properties you want to exchange into this new property.Reverse exchanges can be a great way to lock up your new asset first and mitigate some of the risk associated with trying to get someone to give you a contract contingent on several sales. 

Lots of attention from buyers, but because I knew her beforehand and explained my goals to her, she let me lock up the deal.

I rate locked last week at 4.5% 0 points 30 year fixed cash out re-fi.

We have T-Lock shingles in our area and they're so prone to failure that insurance companies have stopped insuring them, forcing roof replacements.

For the units that are are worse off or not oppcupied, Id TRY and have your PM put lock boxes on the unit if they can.

See if you can get their authorization to go over there (you may not even need it but it's good to call and ask), give the shady characters a firm deadline to get out, and lock down the place with changed locks and an alarm system when the deadline passes.