You have another three years to sell and still meet the requirements to exclude gains under Section 121.If you decide to hold the property and relax with a continued market appreciation and cash flow, three years of future appreciation is a gain that can be excluded when you sell within that time window.Because of Austin's powerful appreciation and positive cash flow, it might be better to hold the property long-term.

Hello William,I think that if I look back at the houses I flipped, we would have made infinitely more money if we had held on to some of them and gone with the rental route.Today, DSCR roans are starting to come in under 6%, at my company our lowest DSCR Rates are 5.3%, and I expect them to continue to drop. 

I would like to pull the equity so I can continue building my portfolio.

I will continue researching markets outside the bay and see the appropriate actions to take. 

Continuously educate yourself through resources like BiggerPockets, and network with local real estate groups to gain insights from experienced investors.

Lower costs to generate more profit or continue to acquire properties. 

Best part is, your money will continue to grow even while you have loaned it out to yourself.

If you continue to face issues, consulting with a property management company or legal advisor might also be beneficial.Best of luck with your rental properties!

This is why you see so many continue to utilize band-aid fixes rather than invest in Cap Ex repairs. 

On the other hand, Florida continues to be a highly desired market for out-of-state and foreign buyers, keeping demand strong.Given these factors, what are you currently doing with your condo investments in South Florida?