Sell it and 1031 exchange it into another rental property(ies) closer to home.Sell it, pay capital gains, and use the rest to fund another BRRRR rental.Do something else that you suggest that we haven't thought of.Our first inclination was to sell because it is a bit of a worry being so far away, even though it is under a property management company, and we could use the money to get out of a bit of debt and to hopefully use it to fund another rental around here.

Fellow BP Members,This post is looking for inputs (or links to other threads I may be missing) regarding three inter-related issues (I do have an Attorney, Mortgage Broker, and Accountant...but sometimes I gain more clarity by reading a good BP post from accomplished investor).Example Scenario: I own two rentals in two different states (Rental A, 2-family and Rental B, 1-family) both as personal investment properties. 

I am considering selling a rental i have had for 5 years now. I would like to take the money and invest it into setting up two mobile homes on some land i have in the same area. It would cost roughly half of the sale ...

Often the amount of benefit you get from informed risk can be proportional to the amount of profit. 

I put my gains into a 1031 exchange account.

I would love to know the criteria for these NC loans, because I do see the "down the road benefits".

In what ways, if any, can you benefit from your investment BEFORE reaching 65? 

I gained a wealth of information from the forums.

Are they looking for tax benefits? 

@Pennie HeathIf you're looking into hanging your license just to do personal deals, you should interview local companies about being an investor and minimizing your fees or commission splits with the office.On a related note, you'll have to pay dues to the local board of realtors to gain access to the MLS.