But he said the prop. management he looked into out there takes a percentage of profits from everything, including repairs.

Over 60k profit MarginHow did you find this deal and how did you negotiate it?

You can be good enough at REI that people will give you their money to invest with them giving you a cut of the profits, or wholesaling where you find a buyer to assume your contract before closing. 

If we sell, we will make some profit but not much.

Have you looked into assited living facility as they are far more profitable?

I learned that I really enjoy originating notes and thought my services could prove profitable to other investors.I would like to start a full-service business where I help landlords convert their rental properties into low-effort and profitable notes.

So, when closing, your new lender would give you a check for $10k to do whatever you want and a new, longer-term loan.Don't forget you pay a nice little hefty tax on the profit. 

Less turns, less work, maximum profit. 

Sell for a profit or rent with cashflow LTR if possible. 

Why This Matters: For investors in multi-family properties, especially in today's real estate market, maximizing tax savings is crucial for maintaining profitability.