Self storage and country subdivision lots.  

Another thing to note is that if you’re self employed with no full time W2 outside yourself and a spouse a solo 401k is exempt from UBIT on leveraged real estate.  

@Shawn Mixundefined I agree Kirstin, Anderson isn't cheap but I feel much more confident and secure with them on my side.

It’s a mutifamily property with 6 units and I have a W-2 job so not something I can self manage.

either payoff debt like you said or invest in other asset class that's perhaps more CF generating than apartment complex such self-storage/industrial or MHP.

@Josh H. it sounds like you have experience, you know your numbers, and have confidence. 

But who has the confidence to go really big on their first deal?

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Our village does quite well for it's self.

Options like a unique amortization schedule or a 3/2/1 or 2/1 stepdown interest rate could provide initial relief to get you through the renovation phase while giving the seller confidence in a structured payoff plan.To determine an entry point, consider reducing the price based on the current NOI.