Should I bite the bullet and trade off cashflow for a slow and steady starter home?

There may be undisclosed - and not understood -  consequences for the convenience of having your finances, or other data, in the cloud.

What are the long-term consequences, if any (such as early payment penalties), of doing this?

This doesn't really appear to be that great of a property from what you are saying.Office type properties that are not medical office trade at very high cap rates now like 9 or 10 or higher.

Violation incurs not only penalties under the Property Code (return of all payments made by the buyer including monthly payments) but potential liability under the dreaded Deceptive Trade Practices – Consumer Protection Act ("DTPA") which can involve treble damages plus attorney’s fees.

To put it in Rich Dad Poor Dad terms, you trade 4 green houses for a red hotel.The basis of what I was referring to was a mid-term strategy instead of a short term or long term strategy.  

Maybe you don't have to do any trading or shifting of assets or titles or quit claims.  

hello, im a hvac /plumbing contractor and have done rei in the past and present. here is my idea and question. we have a property free and clear that  is 3.5 acres with income of $2500.00 of rent per mont on 4 old buildings. we did a market analysis and plans 3 years ago to build 72 apartments. everything looks good as far as zoning and city permits. the budget was 3.2M the property itself is worth 450k and the bankers gave us green light.we didn't move forward with it because os the risk of it, we forecasted that we would end up owing more than 2.5 M and we did not wanted to risk that much by ourselves. 2 years ago someone built 30 apartments lest than .5mille away from the property and they have 75-80% occupancy already.talking with my wife we come up with this idea, since we know construction business owners on almost all the trades and have done business with them and a person familiar with apartment building construction on the past. we would like to form a partnership with couple of them where they can own part of the business in exchange of their work (trade) and if any one wants to be more involve and want to put hard money their % would be more.do you think it can be done any legal issues? 

If you have significant 401k savings, then taking a bit of a hit in order to really get the ball rolling on something positive can be a worthwhile trade off.  

(In case I'm using the wrong term, by non-conventional I mean not Fannie Mae backed or sell-able.)Brent:I'm an engineer by trade, so sometimes I need things spelled out more exactly.