The worst example is someone did not want to pay capital gain tax sold their San Jose, CA home (converted to a rental) traded 5-1031 homes scattered in Midwest and southern states buying the cheapest homes.

Shall I just stick to SFHs until I can trade up for these properties?

When RE and rental markets are hot, that trickles down to all of the trades and building materials.

He had been in the trade for 20-30 years and knows every contractor that comes in for parts at 7am.

I look forward to learning the trade and putting that money into investments.

Try walking into your bank and asking for a 30 year loan to buy some bitcoin lol.

Speaking of @Jay Hinrichs selling off assets, it seems to be that since he is still trading notes, he still has faith in the RE space. 

For example, charlotte multifamily, you will get notified every time a deal trades hands.

The situation is more complex and nuanced and I only shared some details.I think I'll hang on to it for now, with the goal of selling and trading into something bigger or better where I feel like I can have stronger options in terms of management.Thanks for the advice.

The thing about accounting education is that it seems to be closer to a trade school- (not that there's anything wrong with that) in that you learn the correct and incorrect ways to do things (like how to account for transactions).In the business world, there are few instances where there are correct or incorrect ways to do things.