If they're not drawn to the gambling, it's the booze and hookers.

It might be that it is better to get a second property and leave the existing one as is.I think Scott Williamson, has a valid point about appreciation, but that is a gamble.

Beings that's the case here, most renters actually prefer to buy what they want VS gamble on the condition of the appliance left behind by someone else.

I like the concept of real estate being able to control a tangible asset that can have multiple sources of profit where as stocks is slightly above gambling. 

As for the relatively small gamble for the cost of engineer's report and the wait time, that is what I'm really trying to decide rather it is worth it or not.

Nor does the mortgage company want to gamble on whether or not the borrower will have sufficient funds to pay when do.  

Offshore CaptainHusband is currently working as an offshore captainRehabbed houses in New Orleans in Orleans, Jefferson and St Tammany Parishes.Interested in Mobile, AL, Lake Hartwell area of Georgia, Gulf Coast from Gulfport MS to Key West FL, Coasta Rica, Ireland, Spain and the Caribbean.

You could gamble that all your properties will sell within that first 180 days and go ahead an just name your large MF property as your replacement.  

At the same time knowing a storm could be brewing off shore and make that rule -2%.

Sometimes its the gamble you have to take.