I normally have one piece of advice for people just getting started, do not take on too much risk.  

Generally speaking, I think tech like this stuff and social media have lowered the barrier to entry, allowing people to take risks they dont fully understand, whether wholesaling. flipping, lending, etc.

Diversifying your portfolio could reduce risk and improve overall returns.Higher Cash Flow Potential: If you redeploy the equity into markets with higher cash-on-cash returns, you could significantly increase your monthly cash flow.

In its current state:Current NOI: $79,058 (based on 80% occupancy).Current Cap Rate (at $1.25M): 6.32%, reflecting the property’s as-is performance.Value at a 7.5% Cap Rate (Market): $1.05M, based on current NOI.Given the renovations, vacancies, and risks tied to stabilizing the property, I’m considering offering $850K to reflect its current state and value-add potential.

If more than 30 days go by with no booking, you are at risk of falling off the wagon. 

Look up the default risk by credit score, this information is readily available online. 

This was my first deal, and house hacking made the most sense because it lowered the threshold for risk in my mind.

Nor may appreciate your risk tolerance level.1.  

The bottom line for us is that the financial benefits associated with the deal must far outweigh the risks.  

Hi @Emily Gowen, whether you should sell comes down to what income (both cash flow and appreciation) you could realistically expect from the properties in the next X number of years vs. the amount of money you could make by selling now and either reinvesting or just sticking that cash in the S&P and collecting your 6-10% risk-free returns YoY.