I am interested in MTR for my properties in Akron, OH as one is walking distance to Summa Health Systems Hospital there and the other is a 15 minute drive.

I golf, play a lot of softball, run most days, walk my dogs, do some real estate projects.... stuff like that. 

He walked away from his business letting his best friend take it over.  

Quote from @Levi Perl: Hi,Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt, (X is a positive number and significant amount for me), which will allow me to potential get another long term rental and grow portfolio faster, or wait 4 months and cash out 80% LTV, giving me DOUBLE than X. 

So if lots of parking, ideally walking distance to busses or transportation to cut down on cars, you might get away with it (legally).Operationally;  this is a can of worms to manage. 

08 to 2o12 wiped out a lot of entitlement companies.. buyers all walked.. there was a big one here in Oregon and they did not survive. 

I had a mentor who stressed "you make your money when you buy"; the next place you get, be sure to haggle big time - and walk away if the price is not low enough.

My lawyer is saying best case scenario, it will be a walk away with her taking her one “whale” client and me keeping the rest. 

Understanding the numbers is key to knowing whether a project will be successful or if it’s better to walk away.That said, it’s also true that every market is different, and combining a solid business approach with lifestyle goals can create unique opportunities.

Unless you can get the price significantly reduced, walk away Tim!