As the area improves I believe proximity to the lake for recreational purposes and proximity to the train to downtown will be a key factor for people moving into the area. 

Based on comps, improvements, and regional strength, I believe several of the properties have doubled in value in the 4 or 5 years that I have owned them.Not wanting to sell, my thought is to have them reappraised and pull equity.   

I would put the energy there, unless you really want to go after him, then do it :)

If the house is owned out right and you just don’t have the time, money or energy to get it up to market value, selling it at a discount sounds good.

I am now looking at a mini split system which would give me AC and heat and be very efficient.

These ad sales are purchased mainly by real estate agents, mortgage professionals, and others who hold an interest in the home buying, selling, and improvement process.

Three years appreciation and minor repair and paydown were flipped into a regular 30 year mortgage.It would never of happened if he didn’t know me and trust me to maintain and improve the property and if he wasn’t in a position that he was satisfied with straight interest and saving transaction costs.I think the NNN scenario has potential for a tired old landlord that wants to retire and still have cash flow, but only to an experienced buyer, not a nubie.

All are 1bed 1bath and 1 efficiency and currently rented.

My hubby is a seasoned journeyman carpenter with a good number of contractor connections nearby, and he's eager to stop working as a Union carpenter and put all of his energy into real estate investing.2.

Another example would be if John never sold the inherited house but used joint funds to make improvements.