My Thoughts:With interest rates on the rise and the fact that I am basically breaking even on the property with no positive cashflow, I wonder if it in my best interest to sell and do a 1031 exchange into a larger multifamily that would generate positive cashflow before interest rates become to high for the numbers to make sense. 

I have looked into taking training on Yardi systems but haven't seen any available at an affordable price for someone not using it for a larger company.

This would be a turn key on this end- an established property management team and is already in place, it’s recently renovated (no/very minimal repair costs anticipated) and all but 2 or 3 units are already tenanted for the next year.

We are about two weeks away from completing the renovations and listing the property for sale.Currently I am in the midst of acquiring two rental properties in a Class D+/C- neighborhood.

@Hao Dinh there is an FHA renovation loan that is available for you. 

JImmy I could write your script I would elevate myself so far above the rabble that is most wholesalers.. it would be quite easy as well. especially to larger buyers who are looking for some level of sophistication.Most of the larger OREO distress brokers that would have been considered in the wholesale realm are licensed they need to be they don't want to get sued for brokering without a license. but there are some substantial companies that are not licensed. 

The podcasts are playing non-stop while I renovate my first property.  

Got a great set of tenants and completed the full renovation in 6 weeks (while also welcoming a 2nd child!!).

I just don't think you can blindly choose one vs the other without knowing the numbers behind the rental currently and what you plan to do later (is there a larger renovation upcoming?)

Where the property owner is not involved in the renovation or construction it could be handled one way (premises liability policy).