I think selling and using the 1031 process to leapfrog into a few solid SFR rentals would be your best bet.

Or diversify and invest outside real estate to increase returnes.I think it depends on where the asset is located IE here in Portland a red hot market and historically solid ( at least sinc e1992) or take the 50k and invest in the hood somewhere in the mid west.. me i would recast the mortgage.or take the 50k and invest in a reit or syndication deal etc.. and diversify or buy a performing NOTE that is solid and make 8 to 10% on that.then the thought is if you buy a rental do you want to do that for long term as this is work.

I think you will be overwhelmed if you do not have a solid grasp of what you are looking for.It sounds like you are looking for a B or C class building so that you would have the opportunity to do some value-add.Are you looking for office buildings, retail, etc?

My experience with meetings that are run by an agenda pitching person, or team, has typically been a waste of time. 

So it's just spelling out what the co-op commission is so we're all in the open and the seller understands that I am compensating the other agent fairly and not harming their chances at a solid offer by going cheap on the co-op fee. 

Points charged on loans (% paid up front at closing, basically an origination fee) and interest rate..usually closer to 12% when you're starting out.Payment schedule - most will expect monthly interest only payments, but some will let it accrue and settle up at closing.Minimum loan amounts - if they only loan in amounts of $200k and up, then you're wasting your time shopping for $150k properties.Doc prep charges and other hidden fees (preparing the mortgage and note is a necessity and you'll have to pay for that, but watch out for other hidden fees). 

We've had solid tenants in our rentals that have stayed for at least 8 years.

Not wanting to waste time on phone calls makes a lot of sense @Max Gradowitz.

He's super busy, so I wouldn't want to waste his time at all.However, I see number 3 as a huge hurdle for multifamily. 

There were some Experienced BP members that said I was wasting my time.