We've been doing LTR for almost 4 years but think RAL might be a good transition for us at this point. 

Take those profits and pay off the rentals.

You never get hurt taking a profit.  

., it's a pain to transition software no matter what you're coming from or going to.

If you stay elsewhere, consider relocating to a thriving, affordable market like Charlotte or Tampa, where you can house hack or live in a property before transitioning it to a rental.Good luck!

Another way to look at this is......1) figure out what you want to make as a net profit, 2) Do a quick check to see if this is within local averages, 3) Set your pricing at that higher rate, but keep your occupancy lower.You make the same money with less effort or risk...This might not work everywhere, but it's certainly worth a try.

If the investor would like to sell the property, we will split the profit of what it sells for 60/40 (the investor getting 60% of profit while I receive 40% of profit.)

And I bought 3 other properties with a different deal structure, but also profitable. 

So three years and 30k later and countless hours of work, we sold for 195k for a total profit of 100k. 

I understand they need to turn a profit and pay for overhead, but the minimum they should pay a cold caller is $5.When I hired my first cold callers, I outsourced it to an agency, then I brought it in house.