did 3   one broke even only because sponsor made everyone whole at exit which I suspect is quite rare.other two are perking along.. these were Class A apartments in Upper mid west promote was not some sky rocket return and frankly I can do better on my own.. but it was end of year so I was looking for some cost seg. 

My exit strategy is to sell off my multi-family rentals and exchange them for single family homes in desirable neighborhoods.   

It's a very risky strategy if you do not have a solid exit.

Rentals for preserving wealthFlips for building warchest and Obviously decide exit strategy in advance.

If short-term, does it match the exit time frame and strategy.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Rent's have continued to appreciate and when recently had vacancy upcoming I had it rented in 17 days, kid you not, weeks before exiting tenant was out making for a nice 0 vacancy rate. 

Maybe that last point is the distinction and I answered my own question.I imagine that lease options might be another valid exit strategy, in which your tenant has more skin in the game so they take better care of the property.

Question - if you’ve contracted for a property you intend to “wholesale” - i.e. flip the contract - and that doesn’t pan out, do you exercise a clause enabling you to exit the deal, or do you close it in your name?  

It suggests neighborhood analysis, market research, exit strategy, and VA benefits.Good luck!