We were so busy surviving, legacy building, financial planning or investing never came up for consideration (for most).

It requires considerable infrastructure investment.

Just keep in mind that it's not all about rate and fees - there is a considerable knowledge and expertise component that should be considered as well.

However, keeping the property and borrowing against the equity (via a cash-out refi or HELOC) allows you to maintain your tenant and rental income while leveraging the equity to expand.Key considerations:1031 Exchange: Great for avoiding capital gains taxes, but make sure the new property offers better returns or diversification to justify selling.Borrowing Against Equity: Keep the steady Denver appreciation and tenant while using the funds to acquire another property.

That being said, there's no way your tenant will be happy with the increase so you may take that into consideration.

That would be a considerable interest payment on that money I would assumeUnfortunately they also have not submitted their audited financials to the SEC so unless investors have received the financials, would it not be impossible to determine the current financial position of the company?

STRs have unique tax considerations, so setting up the right systems early will save you headaches down the road!

One is fourplex near downtown of Union city new jersey and the other a duplex in jersey city heights neighborhood.

I grew up in Brooklyn Heights 1971-1982 and was back there and DUMBO for two years about twelve years ago.

Attic area height is less like hardly 3 feet.