I have a 4/2 1550sqft rental (1945 build) that I’m considering selling to potentially build two 2/1 ~700-800sqft houses.

Buy-and-hold rentals provide a more stable option, with projected annual appreciation of 5-7% and a strong rental market driven by population and job growth.

I do know to stay away from Reston and Market St. as they have apparently banned rentals.

I'm an investor myself here in Columbus OH and own a successful rental portfolio.

.• Bulk Waste Limit: Residential bulk waste, construction/demolition, and green waste disposal are limited to a 5' x 8' truck bed load or small trailer per day.𝐂𝐞𝐧𝐭𝐞𝐫 𝐕𝐢𝐞𝐰 𝐑𝐨𝐚𝐝 𝐌𝐮𝐥𝐭𝐢𝐩𝐮𝐫𝐩𝐨𝐬𝐞 𝐂𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐜𝐞 𝐂𝐞𝐧𝐭𝐞𝐫 𝐭𝐨 𝐫𝐞𝐨𝐩𝐞𝐧 𝐨𝐧 𝟖/𝟐𝟔This newly renovated multipurpose convenience center will serve as the first multipurpose site to serve both Sevier County residents and short-term rental unit cleaning companies.

Fast forward to yesterday(appraisals are done, waiting on underwriting) after a text from the realtor about signing a document that says I'm okay with him representing me and the seller, I called him and brought up the fact that I'd looked over the purchase agreement and the rental agreement and nothing was stated about the rent increase, but it was clearly stated that ALL rental income even prepaid rents (the warehouse was paid in full up front) would be prorated to the buyer (roughly 2200/month)I'm at a crossroads on what to do, part of me wants to just ask for earnest money and appraisal fees back and walk away, but the cashflow of $2300 (current rents not counting warehouse) on a $105,000 property just seems to appealing to walk away from, what do the more experienced investors than myself think

Being that I am do not in incorporated Palm Springs, I do not fall under the city's short term rental regulations.

We could cash out refi the rentals to acquire all of the DP needed.

you need to use their last known address which was the rental. 

This way there is little push-back to get them to sign it (ie. you aren't changing their current rental rate, etc.)Be sure to consider the thought that there could be a major expense you have to cover at any given time.