I've spent time on many different forums as interests change and I agree that the upvotes help to keep the quality vs. quantity of posts in check. 

A couple things pop out to me.The first thing I would change is the equity.

@Elsa Chang Hi!

Cash doesn't change the market price of things.it gives you an edge in negotiating, because you can close faster. it allows you perfect liquidity when deals pop upcash is absolutely king because of it's flexibility.

I want to change the property lines to make a small, very manageable 0.25 acre parcel that has the rental cottages on it, and then sell the 2.0 acre parcel.

Perhaps you can use your skills as a leg up to look for deals where subdivision or a change in use can increase value.Brian

However, that aspect may change once you tell us what debts you have.

That saves you an additional $600/month you would've had to pay to rent a similar unit from someone else, and the property still appreciates, the mortgage still gets mostly paid down by other tenants, and when you finally move out the property WILL cashflow now that you're getting the maximum gross rents by renting all the units.The deals you're looking at are working, you just need to change your perspective, that's all :-)

@Arun D.If you want to survive in this business you will change your attitude toward leases.

Does anyone know if you are allowed to change your purchase price with an FHA mortgage before closing?