I appreciate this we were just looking at 7a as an option for another business that isn't real estate for yacht charters in miami and I think we are going to get a collateralized loan more like real estate and not a 7a. ours is much smaller probably 250k but the paperwork and rate hikes etc I think make it worse so I really appreciate your response here.

Our city is definitely very nuanced but there can be a LOT of upside for appreciation. 

Any and all advice is appreciated!

Why go through all the trouble of sourcing and leasing up rental property only to have your acquisitions be temporary leases and lose out on all appreciation the property experiences while you're operating it. 

Any and all input would be appreciated 

So my question is do I sell and take a loss of 35-40k, try to long term rent at around $2000/ month and pray for appreciation?

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I appreciate your posts

I appreciate the advice on starting with sweat equity or gopher skills and then leveling up to a small JV partner.

I'm saavy enough to know that I don't know enough yet as to what would be the best use of these assets to grow my portfolio and really begin to snowball the passive income, leverage and appreciation.