As far as leveraging goes, here are two articles I wrote a while back that go into detail both about the advantages and the risks-https://www.biggerpockets.com/renewsblog/2015/04/1...https://www.biggerpockets.com/renewsblog/2014/01/0...Maybe those give you some ideas to ponder and/or some resolve.I also have only bought turnkeys and work primarily with them.

However, I was pondered the idea of selling only to take the gains, 1031 the capital gains, and buy other properties.  

In fact it is arguably a complete waste of time to even ponder what will happen.

Thank you for sharing W Stephens,  I was pondering taking out a Heloc on my personal property at 2.8 %, 50,000 minimum draw requirement to be maintained for 3 months, at this time I only need about 10,000 of it, would doing so at this time be a bad move?

Had a similar conversation with a realtor friend in Manhattan and she pondered the trade off between climbing up/down the elevator and walk 15 mins to the office OR live 45 mins away ioutside of Manhattan in a garden apartment or townhome and take a crowded subway to work everyday/twice a day to get to work.

Hey just for an oppsing view but ponder this.

I'm pondering a few different options about how to use my money right now.

@Wayne Brooks  Gothca   I thought you were maybe pondering this and needed some clarification so I thought I would be a good BP soldier and take a stab at what I thought the OP was talking about. 

So there's no magic percentage or formula, just need to ponder some "what if" scenarios to see how you would pull through if x, y and z happened.

I am currently pondering the cashout on my SFH but the loan originating process will cost me $14k to get $32k (which would be used as a down payment on an Airbnb hopefully- markets crazy hard to find one in the area I’m looking!).