I was a little surprised to discover the sharp contrast between the north and south quadrants of the NE side. 

i c contrasting upper and lower cabs r in....

I found Ian Szabo's "Renos To Riches" to be a little disappointing in contrast to all the hype it was given.

In contrast, a balance sheet reflects the value of your assets and the amount of your liabilities. 

And by the 1890’s, American banks saw the popularity of Mortgages rise.These early mortgages at the turn of the 1900s were in stark contrast to those that we see today.

@Sean TaggeI'm not familiar with this approach but for contrast, I purchased a property for cash $26K, put $30K cash into in renovations (no escrow or anything like that), and it appraised at $100K 2 months later when my lender ordered the appraisal.

Yes, you will get appreciation in that area, but by the quick numbers I'm running, that doesn't leave you any cash flow (if you refi 70%).Also, for contrast, you can invest in 3 $50K properties outside of that area but just a few miles a way in the city, and realize $2,000-$3,000 per month in total rents.

Very stark contrast from my previous management company in Austin.https://www.trehomes.com/

Otherwise the balance will be due and if not repaid, will count as a distribution, which has penalties and tax consequences.if you cash in your portfolio... compare and contrast your expected investment return from the portfolio vs. the real estate and choose the higher / safer return.I'm not an investment adviser... but have issued debt most of my career in one way or another.     

Once you have an understanding of this, interview a few other PMs in your local area to compare and contrast.