I'm definitely planning on trading up that equity - but right now this is the fastest way I'm finding to quickly recycle my cash.Sounds like you have a really cool business model that helps out individuals.

So not that I am turning away already but I was wondering if there are any reliable trustworthy groups or even individuals that do multi family managements down in the Fort Lauderdale?

After you have worked out inspections, authorize your lender to order the appraisal.  

Each of these variables will dramatically change the advice for the individual asking this question.

I'd still have an attorney review it regardless to ensure your interests are protected and that the seller isn't being preyed upon with the wording therein.As an individual who has the authority to execute a legally binding document such as a purchase contract, I would never use a document that wasn't approved by the state or drafted by a lawyer in my state.

It may not fit your individual definition of 'little to no risk', but the income is not taxed by the federal government.Depending on what you want the money for in the future, have you considered a retirement account or a 529 account?

I offered as long as I was authorized to run unlimited STR.

@Joe Fairless , Michael Blank, Rod Khlief, and Kevin Bupp (please excuse any misspellings) all provide opportunities on their individual websites to submit offers for review.

I am a buy and hold kind of person, no desire to buy and flip.My wife and I are in our 20’s so we are looking for individuals we can build lasting relationships with.

We have owned it for almost 3 years, with very good cash flow, but have recently discussed converting into condo's and selling as individual units due t my relocation out of state.