No way I am dealing with that unless I can own enough of the units to essentially control the thing.

Seattle which he shied away from has lower cash flow/cap rates specifically because it is lower risk.

I was thinking I could cash out refinance and short term rent it.

Do you have props, cash crews? 

My properties in 2 states account for about 80% of my cash flow, but the 4 SFH I have in Birmingham account for only 20%.I don’t want to sell as I’ll incur lots of tax (as they were part of a 1031 in the past), but wonder any strategies like seller finance, etc that could possibly result in higher returns on these properties.I am curious what other BP landlords do when a few properties in their portfolio aren’t pulling their weight….Thanks!

At best I’ll be able to find solid properties that will be self sustainable and cash flow in the positive side of things.

The farm will not cash flow and it will cost me $400 per month for the next several years. 

First 10 years is interest only, then after that you start paying principal/interest, but you can pay off the credit sooner and then as you pay it off you can invest in more deals once you get your other properties cash flowing to cover the debt service.

There is also some states with specific laws, such as in California you must offer at least one other method of payment that is neither cash or online payment.

This shocking truth opened my eyes to the importance of maintaining an accurate and up-to-date financial statement to secure financing.To navigate the world of real estate financing, it's essential to recognize market preferences and loan-to-value (LTV) restrictions.