I don't know anyone or anything about the area but we are willing to pull the trigger.

@Stetson Oates, Thanks, and you are right, market conditions would limit how much of the initial funds one would be able to withdraw.I should also add that, while I am not an accountant or tax professional, it appears that at no time in the strategy above would one trigger a taxable event, since you're not selling any stocks or property. 

@Jagan ReddyHave you pulled the trigger on Memphis?

The transfer of title could trigger negative covenants in the loan (eg: Due on Sale Clause).

@Jaquon Miller Did you already pull the trigger?

If you want your space to feel inviting and comfortable to live in, you have to trigger certain emotions in people. 

Hello, I am a rookie who has been studying and getting ready to pull the trigger. 

Friend advised I could check to see if the leases have a cancellation clause upon sale that can be triggered, but no luck

Sorry for the question dump but I'm would like to know more before pulling the trigger on Hemlane.

Texas (SA) based company so always make sure to include them in my search if they come up but ultimately have never pulled the trigger.