I'm not really looking at being a landlord for the rest of my life.

He has actually be a life saver and I think it's in decent shape. 

Yes, I left a lot of equity in them but I don't need it to fund the next deal or life expenses. 

Have you read Set for Life by @Scott Trench?

@Angelo Caruso I would determine your reserve based on the age of the property, the age of it's most expensive limited-life components (roof, HVAC, oil heater?

Then you'll get the cashflow without the repairs (because in a sense you made the repairs up front).Ultimately, it sounds like you have a lot of life planning to do, and lots of options to weigh.

I've never seen anything like this in my life. 

I've never seen anything like this in my life.

If they miss a disclosure or forget to give even a minor piece of paperwork it could come back to bite them pretty hard for literally the rest of their life. 

Public and private projects were undertaken to give a boost to the city and surrounding communities while attracting tourism and new residents.