However, based on your timeline, it seems like your decision may have already been made.

If the lease auto-renews to a month-to-month, then you can post a letter on their door (take a pic) or send it by certified mail with a signature required with the new terms starting at the appropriate times based on the lease.

Based on this strategy, it would only take about 2.5 years to pay off the $160K.

Since my firm is an investor private client boutique, I do not share resources outside of my client base.

(aside from the 1 or 2 homes that have stunning overlook views).When building out your buy box, are you all using the averages, or are you basing your min/max on the cream of the crop listing revenues, even when there aren't clear reasons as to why they are performing so much better than others?

The article is based on # of sales, not price increase or decrease.

We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)

Based on that number of units I would expect much higher figures - did you buy these buildings all/mostly cash?

Not sure how old you are, and $200K in a 401K may be a little or a lot based on age, there may be so many implications taking out money from your $401k, especially if you are still working for this company.feel free to reach out for tax advice

Since you're in Texas, I'll use a town like:  Each town will be different based on the population living outside of town.