Please do this first:  contact the local Housing Authority office in your market area and obtain the landlord package.

We had an accounting system once that necessitated doing this - not ideal, but it keeps the assets and liabilities straight and AP is just an accrual until you pay the bill.

By making yourself an asset, you’ll increase the chances of someone taking you under their wing.Use BiggerPockets to connect locally.

Every hedge fund is always buying and selling assets.

That may keep your cashflow the same or even lower it a bit, but you have 4 assets that are appreciating instead of one, 4 mortgages that are getting paid off by the tenant, depreciation and you diversify your risk in 4.Regarding the tax question, you may want to talk to your CPA about that.

I would definitely speak with an attorney before selling/disposing of the property prior to the court addressing the joint assets - you could easily open a can of worms.

And while I agree that debt is often the cheapest form of capital, if you are looking at a project that involves some form of value-add business plan, you can always refi either when rates come down or you have increased the yield on the asset to exceed your interest rate.But like Stuart noted, for many groups, even the most seasoned syndicators, raising call cash for their deals is effectively impossible.  

Real-life reps, to me, means seeing properties in person, whatever your asset class. 

We are on the lookout for our next hospitality asset. 

Let’s break this down:The case for holdingThe 4.75% interest rate is a valuable asset in today’s high-rate environment.