Thank you for your help,ScottIf you're using a fannie / freddie loan and you have 6 months seasoning you can get the full 75% of 150k or 112.5K minus the 80k outstanding or whatever the payoff for that 80k is at the end.If you cash out before the 6 months you would be limited to 70% of your acquisition cost (the amount on your final settlement statement at purchase with all costs included).Now this all differs if you go to a local community bank who portfolio's their commercial loans as they may let you cash out up to 75-80% with no restriction in terms of title seasoning period (some will have some seasoning).

(In fact, in many larger court districts, "eviction diversion" programs have been put into place whereby an agency commits (just before the hearing) to pay the outstanding rent. 

However, the existing $30,000 balance that is still outstanding, to which the statute of limitations has expired, is currently being held in escrow with an SBA attorney as that was a requirement for a SBA refinance that we engaged in two years ago so that money (45,000 which is 150% of the balance) is sitting in the SBA's attorney's escrow account until those items fall off my credit which should be between 8-11 month.

Imagine the rent increase possible with a little value add.Add this great cash flow to historically outstanding market appreciation and you will have an ROI that historically can be matched by very few locales. 

I encourage San Diego investors that could afford to invest here to invest here due to the outstanding historical ROI.  

While technically true, the interim will still be profitable.In 10 years many NEW cars will be autonomous, but it will take decades for that to become the majority of cars on the road, new cars only account for something like 15% of fleet. 

@Jordan Moorhead Outstanding!  

It can produce outstanding results in the short term such as between 2012 and 2022 but that should not be the expectation. 

The customer service is outstanding.

Current rent.These leaves them with any outstanding balance gong towards unpaid rent and not fees.