They are often older bungalow style, 2-bed houses with 1960's-70's avocado green fridges and harvest gold ovens in the kitchen that still work. 

I would re-evaluate every 2 years what is ready to harvest and split my investments until I had the cashflow I wanted.

So, I chose to build a time-leveraged real estate business focused on cashflow and quick equity harvests that fund a two-tiered recession-proof investment strategy. 

Depending on how much closing costs would be to harvest the equity and whether you would have other funding sources to cover capex/vacancy if you use your savings, I'd lean towards using your own funds for now.

. $600 per month after re-harvesting all of my initial capital out of the deal.

I know people do it because they are making "infinite returns", but it's not my game.Then you harvest the 5 ways real estate pays you: Cashflow, tenant principle paydown, appreciation (leveraged since you have a loan), depreciation, and you now have an inflation hedge.PM me with Q's!

This is the strategy I do... harvest my BRRRRs to fund my larger multifamily deals. 

We have even expanded into Harvest Host (Farm and Winery) only platform for boondock camping on property.After seeing how well the camper was doing, we went ahead with a renovation project that we have wanted to do in our attic space since we built in the beginning.

YET not many harvest 4 to 12 leads a day.My point is,.. absolutely you need a carrot site there is no arguing this and I simply have no time to entertain any buts and ifs.

I don't know how cyclical the Richmond market is, but if is a slower to appreciate/depreciate market, there might be a benefit to harvesting the large equity in Seattle at this time.