I’ve been told I still have a lot of equity in #1&2 just “sitting around” and it should be put to use rather than just sit there.

If it was just my house sitting I would say I over estimated the sales price or over rehabbed, something, but it is most homes in the same area that had been moving so quickly are now sitting for months and are all priced according to market value.

Debt sits in front of equity on the capital stack.

The cabin sits within a 15-20 minute drive of most popular activities that RRG has to offer.

You will likely need to sit on the unit for a long time or reduce initial rent below the market for that unit to rent during the Winter. account for this by either offering a Winter special that will increase to market in the Spring or doing a short lease that ends in the Summer.

All require the "lender" to be licensed in the state, for borrower to have no mortgage lates or hiccups, have different rules and change the rules whenever their investors (not government MBS these are big guns investment firms with pulse of the location where your property sits) see clouds in the sky.

Can you afford to sit on three vacancies and the cost of renovation?

Property managers let these houses sit for months.

Plus, letting a unit sit vacant for 6 months without approving needed maintenance is totally Irresponsible on your behalf.I’m glad we gave you a 30 day notice and would do so in a heart beat again to any other landlord with a similar mindset to yours.Much success 

I wouldnt develop anything but sitting on it could be worth waiting to one day add new units/condos or a larger multifamily partnering with a developer. - half of parcel can also be sold off as only one half has the SFH and ADU on itOwner is quite firm on the price.