@Frank Dean Why would S8 use our tax dollars to pay higher than market rents?

the loan officer was really helpful and responsive, it was just a lot of paperwork to work through.i like @Jay Hinrichs idea of just paying cash and refinancing. 

If you sell property 1 you’re basically paying off a 3% mortgage.

Let me add some new wisdom to this.Try not to see social media as "just another channel to try my luck".It is not a separate thing, especially doing SEO or paying for ads.When it comes to lead generation, it is not (just) about generating that lead.

Renters insurance will likely not pay for vandalism by the renter. 

I would also only do this if both properties have solid appreciation potential.If it was me, I’d consider trying to get a HELOC on the first property and use the funds for a flip or a BRRRR so I could pay back the line of credit within 6 months and then go do it again.

I won as well but he still has not responded to request to pay the court orders.

So with all of this in mind, I see no point to your original post.

The job of cash flow is to pay back your cash in. 

Being able to drive by your properties frequently to see them in person (even if you have a property manager) can provide consistent peace of mind.