If you visit and don't have the desire to interact, then I say tell him to sell it / 1031.NOTE: Multifamily in many markets is being purchased by new buyers at historically low cap rates (5-7% = net income / price) so it may be a perfect time to sell if you can't imagine owning it for 10 more years.

In your situation I don't think I would sell anything off... unless you have a problem child in your portfolio then now may be a perfect time to sell since the market is so hot. 

In a perfect world the deal would go like this- pay for the property and renovations with some form of cash and cash out refi almost immediately and be on our merry way (sidenote: we DO have a bank that won't require the property to be seasoned).My predicament: We don't have $45K+ to temporarily tie up in the purchase and rehab before we refi cash out.

Although you may have great credit and be the perfect tenant, every tenant will say that to get a place, that's why we have to check.

It was all fine, of course, I know our police officers are perfectly safe, but seeing a gun out in the open is attention getting and you want your clients' attention on the houses.If you carry, you have to be well trained and very very attentive.  

Bywater is a perfect example.

With the right skinny contract and the perfect controlling clauses and contingencies you can do deals all day without lots of money or need to setlle.It took me years to discover this technique, but now that I understand the Control and Roll method of making money by selling real estate I don't own, I love it and profit from it all the time.

This is the perfect place to learn more about REI.

This is the perfect place to learn more about REI.

This is the perfect place to learn more about REI.