Purchase price: $175,000 Cash invested: $60,000 Sale price: $370,000 We decided to sell this property after successfully BRRRRing it.

@Roy MitleThere are opportunities to buy existing shares in a syndication via 3rd party sources - ie somebody wants out of a deal and is looking to sell their shares on the “secondary” market in years 2 3 or 4 of a deal after a large chunk of depreciation has been used up. 

But since you have already taken bonus depreciation while it was an LTR, this may not even be a concern for you.There're other potential complications such as a different depreciation schedule, treatment of previously suspended losses, and so on.

I'll be 45 next month.option A) Kiyosaki Model: Don't sell and run either long term or short term rentals through it for a year to show income on the property than pull a $300k mortgage on it to build another house in the same neighborhood... repeatoption B)  Ramsey Model, Sell it for $600k.

Has anyone joined or spoken to Carson and Jackson Weiner about their mentor program to buy/sell land?

We are now working on the cash out refi.UPDATEWe decided to sell this property.

Exit Strategy: When do you plan to sell the property?

If you are buying one every few years, don't waste your time.Plus there are other advantages to having separate representation like they schedule the showings, do the paperwork, deal with inspectors, etc.

@Jeff Nichols There is no difference then buying or selling with an agent. 

I pocked around $430 per month with limited responsibility.I was able to sell that property in 24 months to that tenant buyer and made a decent return.This doesn't make sense for every property buy lease options are a way to take a property that is sitting, to a property that is producing income while limiting your expensesAll the best!