If they are up for renewal and you elect to non renew them you must stop accepting funds from the occupants after the lease expires (accepting rent after the lease expires may make it appear you have a tenancy at will agreement). 

Now I'm looking into commercial HUD loans and perhaps starting a fund to continue scaling. 

@Tim Hem The Section 121 Exclusion and 1031 aren't mutually exclusive.

It might be wise to sell it just from a management standpoint and reposition the money into some index funds and maybe another property in NC.

When I was young I feared the day I would start pulling funds out of my IRA and/or Roth.

The funds are insured, and you can withdraw them at any time.Real estate investing works the same way—the riskier the deal, the higher your expected return should be.Final Thought:Before making any decisions, get flood insurance quotes first.

I have been on New Western's deal list as well as another bigger local company and everytime I underwrite these deals there is very very minimal left on the bone let alone contingency funds for going over budget on the flip...

You’ve got a good system going, to find and get funding for these acquisitions.  

For a BRRRR if you are using debt most people will use some sort of hard money to purchase and a construction loan to fund rehab (unless you use cash).

Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!