As for myself I have been self managing for a few years and continue to learn the processes that go with management. 

How do I decided on length of term...2 years, 3yrs or more?

I am an investor based in Fairfield County, CT and just rejoined BP after many years away.From 2005-2011, I got up to ~150 units in SF & MF both rehab & new construction, Class B & C, but (regrettably) sold all to focus on institutional real estate and private equity.Since selling off, I got an MS degree in real estate and participated in most asset classes institutionally ($10-250mm+) with a focus on SF & MF.

You got 5 years to refinance.

@Anne ChristensenA couple of years back, my wife and I set up a very in-depth asset protection plan.

It brought in over $30k every month for over a year. 

You shouldn't need to do a buy down and the break even on a buy down can be 4 years on average.

Small guys perspective:12 properties over the last 20 years. 

Now known as a popular city for young professionals and tourists, Austin has many new residents who formerly dwelled in California — an often comical reality in the city as cultures have melded over the years.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in San Luis Obispo.

Purchase price: $1,150,000

Cash invested: $300,000

Sale price: $1,628,000

Built in 1890, this Old Vic...