Tax-wise, it doesn't matter, especially if the assets are held in a "disregarded entity".An attorney will give you plenty of reasons to segregate and hold the equities and futures in your own name or a revocable trust.

I understood that the foreclosing bank held the first and second and or was local and was not a bank but a hard money lender.Now what I hear you saying is that its a unrelated 3rd party bank foreclosing and your using a HML to take out the first once you buy the second...

You want to make sure that everyone in the property passes your screening requirements and is held legally responsible for it.

If you held it this long then you probably have some equity via paydown of your mortgage.. if you realistically dont see it rising in value and you dont want to do what Steve mentioned self manage to increase operating income.. then a sale is probably wise at this point in the cycle.

It's harder to figure out the covariance for closely-held assets like what is used in Modern Portfolio Theory:https://www.investopedia.com/terms/m/modernportfoliotheory.aspA bigger issue than the ones listed is general T-I-M-E. 

I've seen it recommended to have a lease clause where the tenant is held responsible for any repairs, or some part of repairs.

The awning above the porch is metal but would still give me a good reason to say no to grills. 

So, they are going to come after you for the money, under the auspices of the Due on Sale clause, by foreclosing on the property held in Trust by the "other guy," your buyer. 

It's a very clean setup.If you decide to create a "Series LLC structure" your operations LLC would be what's called "The mother" and each of your properties would be held in the "child LLC's".

I have a 700+ credit score, and have a good job in E-commerce that I’ve held for over 3 years.