Then sell the property and start doing fix and flip or fix and rent. ( I prefer to sell this property as it 100km away from my student rentals. ) Not sure if I should renovate the lower unit to sell.

I saw this for sell by owner on Craig's List.

Don’t make an offer knowing you may not be able to sell the property to a cash buyer.

I was thinking of selling 1 house and taking some profits, but I have become aware of the following federal taxes1.

@Eric Smith, It really doesn't matter who you are selling your property to - unrelated or related party. 

In response to your questions:Biggest q i still dont really understand is:- what happens if i refinance before 7yr term or sellAs you'll be the owner, you can refi or sell before the 7 years. 

He's a big proponent of small, stable portfolios vs. the fast growth pushed by most YouTubers trying to sell a course.

This is not the case for the majority of metro areas across the US.In less hyperbolic markets there wasn’t an intense amount of speculation so operators didn’t pay high and are weathering the storm on interest rate resets and are finding a way to refinance Deals with maturity walls.I am finding that a lot of killer deals with my clients are happening in the sub 50 unit deal space for those who need to sell, because there’s much less competition in a chase for yield.  

The question you want to ask the other side is if they are representing the seller or themselves.An attorney or agent that doesn't understand "agency" should get 7 lashes with a wet spaghetti noodle.A wholesaler usually is not going to own the property he is trying to sell.

Or maybe sell all 8 and roll it into a 10 plex.