While that may be good for the 10% pref investors, you may have been better off holding another year and getting another 7%.Related to this, I generally don't like preferred returns as a passive investor. 

I plan to cover multifamily in future videos/streams on my yt channel so you can look for info there as well in the near future (Brady_Morgan).

the little nuances one learns in the foreclosure bizz... states with redemption rights are very tricky... in Oregon the rights sunset after 6 months.. so many investors if they don't have the rights ( ie can't find the person who lost the house) Or does not want to pay someone who bought the redemption rights and is holding them hostage.. they just wait out the 6 months and go about their bizz...

Current individual stock portfolio (non-retirement accounts) with holdings that might be volatile in the next few years (big tech & big oil). $51k is about 17% of the portfolio and gains on the stock holdings are already 100-200% (long-term).

The attorneys I have worked with when buying a large apartment complex have all recommend one LLC for holding the property and one for managing it.  

Of course, this requires professionalism on our part, but it also holds them to that standard.  

My feedback based on what I would do is hold the house. 

And markets like Tulsa, Memphis, Nashville, Indianapolis and the like are your best bet for cash flow on holds. 

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.