It depends on a variety of factors if you sell with a realtor that will be about 6% gone if you have prepayment penalties on a loan that is something to consider if a buyer asks you to pay for closing costs that could be another several thousand dollars. 

@Isaiah Williams There are a variety of pros and cons to each entity option, and what will make the most sense for your LLC will depend on your plans and goals.

[I've been inspired by an old friend of mine whose now accumulated 3 units, starting with a place he got a few years back for $120k in Jersey City that now rents for over $1200/mo.. and has appreciated 50%+]Longer term, I want to build a network of local people with varied skills and to employ some of my underemployed friends in a variety of value generative ways.

Nationally based 1031 QIs will charge from $495 for a credit card internet hope and pray 1031 to $2500 and beyond for a stand alone attorney with no scale.typically the largest grouping for experienced service oriented QIs will be $700 - $1200 for a garden variety exchange higher towards each coast  

From what I know, Cobb County has a wide variety in quality of schools though, so you need to choose carefully if that's a factor in your decision.

@Paul Boyett I second what @John Warren said, you can use these equity in a variety of ways, depending on your interest and interest to be involved as a landlord.

Many of the condo associations have rental restrictions.I stay away from condos in general for a variety of reasons.Cash flow volatility, rehab/rental restrictions, special assessments, etc.

Guests can be asked to leave for a variety of reasons but if they are tenants then it could be a lengthy and costly eviction process for each person who chooses to stay. 

Mobile home park investing is my favorite asset class for a variety of reasons including the report mentioned. 

To me "stress" comes in two varieties: Income stress is things that happen that will reduce your income, vacancy, increased competition, change in market demand.