If these properties sell for $500K combined, then you need to purchase at least $500K of replacement property to have a tax free exchange.  

In 8 years when you need to expand further you can move your company out, rent the space you used and combine it with the rent you're receiving from others units.

That's a horrible ulcer-inducing combination.

Opens camera at --> Stays open until I take 10 pic--> combine 10 pics and format into a grid --> convert to PDF --> text or email --> delete picks from camera.

(Perhaps 500ish in Sonoma, Napa and Marin counties, combined... and maybe a thousand+ more in the SFO Bay area???)

It is located in a 3,000 person community without anything to comp for unique multifamily housing rental sales or regular multifamily housing sales for that matter.

@Connor Maloney I am very late to this conversation but thought that I could offer some unique insight.  

What I see in the analysis is after 4 years of renting if I decide to sell, then the profit from the single property purchased with full cash down VS the combined profit from the 3 leveraged properties is quite similar.

And it turned out that for rental HELOC, WF requires 60% LTV, 38% DTI, 12 month of reserve (on all my rentals combined)....

Hey Blake,Just mailed out our first run of 2,500 last Friday to absentee owners...using yellow postcards.8 calls so far...1 remove from list...1 already sold...1 is a commercial building.The other 5 are a combination of tire-kickers/what can you offer?