I'm glad u decided to share.

I you cannot get another u till you refinance the first into a conventional.

Hope it helps u.

Ok I'm new to the field but u already invested Nd have two properties my biggest issues has been the contractors their quality of work has been a nightmare.

@Jenny Stallings Check out these informative links:https://rehabfinancial.com/blog/why-you-shouldnt-u...https://www.biggerpockets.com/forums/67/topics/81818-benefit-of-using-own-title-company-vs-sellers-title-company-fannie-mae-hud-etc  

What do u think? 

Also, I am trying to model this out in a spreadsheet, if anybody has one , i would highly appreciate if u can share.

We listed 4 at the same time, all went U/C in a matter of days, all over asking price.

If your month to month land lord owes u nothing.

@Chris Seveney  that's interesting.. lets say you buy a rental for 100k with minimum down  20k.you make 150 a month cash flow ( realistic numbers unless you value add or get some smokin deal)something happens and you need to sell in 5 yearsyou bought for sake of argument in a non appreciating market as many on this site admit they are fine with.. now you go to sell.. 60 X 150 a month = 9k   you have 10k in sales costs.. figure 6% plus closing cost plus seller credits and honey dews on the house plus it makes the math easy.so you net 90k  add in your 9k positive cash flow your at 99k... so just about break even but now your had to recapture 15k of deprecation and pay tax on that lets say 5k for easy math.. so now over a 5 year hold your 150 a month Coc really has a negative IRR since you lost right at 6K of actual cash and your only gain is whatever little principal pay down you got on your longer term note.Do you think I have that right.. only reason I bring this up is I sold a bunch of my rentals and that recapture hit me hard personally.. but I just wanted to reposition to notes as I am not a very good landlord..I think this is why if you think my numbers are correct.. that folks need to accelerate pay down so that you can pay these off quick so if U do need to sell and most people sell every 7 years stuff happens they have some true equity. or at least some cash coming out of the deals.