. :-)Sometimes being objective and completely truthful isn't the best approach lol 

But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.

I would target properties that meet your objective, what ever it is make sure that it is in alignment with fundamentals.

The squatters threatened the landscape  personnel who were simply trimming trees which were objectively hazardous.  

Generally, you pursue the first one out of principle and apply the learning to subsequent cases.

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.

I’ll begin by saying I have no objective data to support my opinion, but I do have some subjective data, so take it for what it’s worth.I think the trouble is pretty widespread, particularly among newer syndicators (defining that by less than 10 years in the business, so never having survived an adverse cycle).  

You could structure it like that, or structure it to pay the interest and principle of the loan each month too.Of course, your cash flow has to really work for this to not get you in trouble.

go by this Principle, most people like to work with who they know like and trust.

If there's PMI, pay down principle to get rid of it.