The precise property forecast can vary depending on a lot of factors but the general demand is really what you should use the tool for to make your plans. 

You will also have to factor in the closing cost for the new loan.

Heck, some people might even pay more for the 'cool factor' of living in a 'small home'....I'd give it a go since you're a veteran of this RE stuff.

Real estate wealth is built through long term price appreciation, property becomes (usually) more valuable over time, especially if purchased in areas that have either gone through development or redevelopment.  

Glad you reposted this questions as many people have said in the past- Follow the train stations- Green and Pink lines are still good for developement.

I grew up in the real estate industry watching my father raise money with a PPM for large multifamily value add projects and a developments.

You’ve developed a moderately fast wealth accumulation strategy that’s relatively low risk, enabling you to ride out down cycles, negative cash flows, unexpected necessary expenditures, etc.  

This can help you gain experience and start to network and develop a team of people who can help you invest in future deals.  

Here's a link https://www.oregon.gov/ODA/shared/Documents/Publications/FoodSafety/ServiceAnimalsposter.pdf The BS factor is off the charts with some clients...Then it gets tricky because you are only allowed to ask certain questions as to whether the dog has been trained to perform a specific task etc.

@Stuart UdisAll great comments, seems like putting skin in the game will be a reassuring factor for any potential investors.