I’d be happy to share insights and tips to help you get started and work toward achieving your goals.

Like anything it has to stay balanced but small gestures go a long way in reducing turnover and mitigating many "would be" issues. 

Many of those locations I can purchase using leverage and achieve better returns.  

Consider self-directed IRAs and connect with working parents for a balanced real estate and family strategy.Good luck!

Balancing everything you're doing is impressive.

Most often it's in free & clear properties but, in a high enough desire area like these, and with low enough mortgage balance, yup, some can 100% get enough on the sale to have it all make sense because as @Jay Hinrichs has pointed out that in these areas the majority value is in the land not the structures on the land. 

I spent $1,011.97 for Lee's Reverse REO class ($997.00) and his How to Achieve True Wealth (Digital Only - $14.97) Learn the Secrets of The Wealthy and how Lee Arnold built a multi-million dollar private money lending organization on March 2, 2023.

I think you have to ask yourself what you're trying to achieve by refinancing at this point.

@Rud Sev, I would ask the syndicators you are considering if they have any sample K-1s they have issued in the past to try to get a general idea of how they treat their common taxable items.There are a few things that are likely needed to be outlined:Your capital account balance for the investment, i.e. how much money the syndicator is saying you have outstanding at any time and used to calculate preferred returns, can vary from your taxable capital balance shown on K-1.  

It's easy to feel hopeless on acquisition side of things. well what I see out there is the builders dont want to bring land on to their balance sheets most of the time..