That way, you might preserve some of your monthly profit while still knocking out that line of credit.

1K monthly is not great.

You're probably 24-48 months of focused effort away from changing your financial future.I have nothing to sell and would be happy to help if you think that I can be a resource.

@Madeline Walsh if you are in the area you should stop in at our monthly meet up.

He has bought 3 houses in a 18 months and is building a 10 plex which will net him about $250k in 9 month when he refinances it. 

Do you provide move in and move out reports How many pictures do you take of the property prior to tenant moves in and after the tenant moves outDo you get weekly reports when the property is vacant what prospective tenants are saying about your homeDo you provide monthly newsletters to your tenantsDo you hold investor education classes to help me become a better investorDo you have single point portfolio based management services?

Either way if the balance is 140k, without going through the short sale process (which will take a few months) no one can assure you of any approved sale price.

For consulting with a CPA.As mentioned above you can simply take monthly distributions, but what is most important is how you are set up. 

I had a plumber inspect the furnace a couple of months ago and said it was in good shape.

In Mentor a bit nicer neighborhood I have a 57 unit and right next door to that in Willoughby another 9 unit we purchased that one 4 months ago.