Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

However details matter. 

These are the details about our house.Purchase price: $855,000Current approx value: 1,100,000Current monthly mortgage payment: $3100 /monthProperty taxes ~ $11,500 /yrRents in the area for a similar house: $3200 - $3400Given the numbers, I understand that this would not qualify as a good rental property but given the crazy real estate market in the bay area we are worried we would not be able to purchase again should the market appreciate at the rate it has been in the past if we sell this house now and live in an apartment for a few years.

I knew house was worth at least 200k once renovated and my realtor confirmed the value and made a detailed list of what wanted to do and what was going to cost me. 

I would have a lawyer hash out the details. 

Hard to really get into this without any specific details related to the financials regarding each house, but I’d start here...If you need some liquidity, I’d run the cap rates on all my rentals and identify the bottom 3 producing rentals.

Jack I have direct experience with this property type in that exact area, PM me and i can go into details in private.

To give an estimate on the whole project, we would need a LOT more details.

I don’t have all the details yet but wanted to see if anyone can point me in the right direction.