I commuted back and forth from Arizona to California for 4 years and when I would stay in Arizona I stayed on the fold out couch in the living room of the guest house behind my Arizona primary home because my mother-in-law still lived in the bedroom.During this time of living in Arizona for 4 days and California for 3 days a week, my business partner and I built a large real estate portfolio through hustling and finding good deals.

They give the benefit of instant liquidity and being able to sell them when you need the cash.

Now it grew into a larger problem.Much like others I am hearing about, hope you don't get the loan called due.

When they do, you can refinance to a lower rate.Dealing with current high interest rates (about 7% on 01/27/2025) you have the following choices:A larger down paymentAccept a negative cash flowBuy down the interest rateCombine and balance all three to get an acceptable cash flow today.

.$260/sq ft vs $296 is a gap, question is how much liquidity is in that market and is it momentum driven? 

It's stopping me from scaling to a much larger portfolio leveraged versus a smaller paid off portfolio.  

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Since we have been moving to the larger commercial senior living community properties, she is directing the transition to our systems and evaluating their leadership to determine if they will fit well with us. 

You and your wife are considering a move to be closer to her parents in Scottsdale.The largest source of liquidity for you is the equity in your home at 1M and you have a 4% mortgage and it will cashflow positive if you rent your home in Seattle.Your question is should your sell your house in Seattle or rent it. 

The entire teachings had gone from Nickersons conservative but a cash flowing small residential property, hopefully for 10 -15% below market, do immediate repairs, then slowly over time improve the property and raise rents, either refi cash out or trade tax free for a larger property.