The 1-2 bed studios perform outstanding in terms of occupancy.

You can go to court to get outstanding rent and if they don't pay, send them to collections as it will hurt their credit rating.

This implies that the value added compared to cost in he Bay Area should be outstanding.  

Each unit has an account with the local utility company, so the utility co. gets paid by PM & tenant portion is added to their outstanding debt.

I'm not sure if I'm missing something but I two things...1) you've done an outstanding job and 2) as a first mortgage lender, there is no way I would fund an investor that doesn't have more skin in the game.

If you can give them more than they owe on the property then they will have some cash left from the deal to help them with any other outstanding debts.

Since then, we did move to another property about 5 miles away and put our prior residency home into the STR fleet.  

I prefer a HELOC as you only pay interest on the amount outstanding and the closing costs are much cheaper than a Re-fi.  

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Solo 401k vs.

Here is the way it is currently set up:Partner 1 - $100KPartner 2 - $100KPartner 3 - $100KPartner 4 - $100KPartner 5 - $100K*However, the managing company/partner of the fund will own 20% to compensate for the ongoing management of the LLC and the property.I have seen waterfall models where there is a "return on capital" and "return of capital" where the investor is paid a preferred return on their current outstanding amount of capital that has not yet been returned.