Long term wealth is made by owning, not selling every time you think need the money.

Today almost all houses in these neighborhoods are investor owned, with a high proportion of Section 8 tenants.

Quote from @Jordan Dieterle: I can't really give you advice because your problems isn't clearly explained.

Also another thing to consider are most municipalities will significantly increase your taxes if you pop the top of the house.

Now is your shot to ask!

He can put your money in the bank and earn $2,100/mo instead of $4 or less. 

Your bio says "Denver" but that could mean a lot of things and there are significantly different rules on renting out your property whether you're in Arvada, Westminster, Aurora, Denver proper, etc, etc.

Also Ca tax sales wipe EVERYTHING out the only reason for a pre lim would be a access issue.. which of course one can do on their own..

lol Because an investor is not your 30 year mortgage kind of offer.

Thanks for your time and energy.