Best to start the process to sell.If you decide to keep it, you should talk with the contractors - you don't need to do high-end renovations for a rental.

Year 3 we achieved a 10% rent increase across the portfolio, but have incurred high turnover and vacancy costs.

I will highly appreciate if you could review the final numbers before i share them with potential LP's.

Selling some property to pay down high-interest debt is good, but also consider looking into ways to refinance or leverage your existing assets for better cash flow.

If you are buying a high cost property with litle to no cash flow, you likely don't have to worry about paying tax on rental income since your depreication will wipe out any cash flow from being taxed.

@Chris Brown One rule of thumb I highly recommend - never ever ever buy loans from wherever you get your training.

I thought they weren’t paying high interest on their savings account but I checked and I’m almost at 4%.

The market is priced too high to buy existing locations in my mind.  

Thanks, HELOCs the way you want them probably structured as a DSCR do not really exist to the best of my knowledge, you can do an investment loan heloc for a super high cost, but you will be subject to a traditional conventional underwrite.

Quote from @Thomas Loyola: It's hard to find cash-flowing properties because the prices are so high.