It may be frustrating to know that you'll have big ticket items coming, but consider it your version of philanthropy to the city.You take a less than beautiful home, and through quality ownership, make it a better part of the community.

Past performance is not a guarantee of future success. 

@Gabe BelloliSelling an LLC that owns the complex vs. selling the complex itself is an advanced strategy and should only be performed by an experienced investor with competent legal consul.

Well done sirI would acquaint  yourself with the math to reflect how current or improved rent and all cost deliver cash flow for the tenant or value over time in a buy and  pure hold strategy Most investors do this on their own however they love a professional who understandS how to make these investments really perform keep it up sir

Repairs performed with credit cards and cash.

Beautiful backyard that backs into a government owned forest.

Beautiful backyard that backs into a government owned forest.

Crowdfunding makes real estate easily accessible, however, in regard to institutional real estate investments, the advice of an expert who works in the industry every day, knows all the players and their track records, and performs due diligence on each offering is a great benefit to you and comes to you at no cost. 

The beauty is that your tenants may be able to cover that "new, added debt" for you, AND, you'll have that liquid cash to start over..... but you better do those numbers carefully.or.... go with either of the plans you mention.... it all sounds good.

And maybe some performance bonus .. but no way do you have the earning opportunity as a NMLS licensed MO  .. in my case I am a Mortgage Banker which allows ever more flexibility with income potential as I can work for multiple outlets at the same time..