Assuming this is purely for investment sake, $55k on a $615k property isn’t a good use of your $$$.

What does $10 per unit mean for 388 units=  $10 x 12 months x 388 units= $46,560 additional revenue with no added cost, other than sending out a notification letter.So, $46,560 more revenue and pure cash flow. 

If you want to access the equity, cash-out refi them and enjoy the money tax free while letting the income from the property pay the loan. 6.

If peace of mind is your priority, there’s no harm in selling now, putting that equity towards Sacramento, and enjoying being closer to your family.

I enjoy helping bigger pockets members find loopholes and offer ideas.

Its ALL about the numbers,All the best, enjoy the weekend 

You're not the only one here that is on here for the enjoyment of it; I got no service to sell or product to push or to ask for.

They come fully renovated and often have an in-house management in place, so you can sit back and enjoy the passive income without worrying about repairs or dealing with residents in the middle of the night.

Real estate is a fun ride, I hope you enjoy it!

Low property taxes, landlord friendly, weather is reasonable, close to Lake Tahoe and lots of enjoyable areas in CA, strong appreciation, strong rents, population growth, diversified job growth, limited land allows for significant appreciation outlook over time.