We'll ask to extend deadlines by a couple weeks to make it happen and if all else fails, we will bow out due to financing before our deadline.

You will only compound your problems if the market crashes, you will have 50-80% less cash to reimburse all those tenant's  deposits that may have to move because of said crash's trickle down impact on them.Also, it may be illegal to do(maybe this should have been first)

You will be living here and utilizing the advantage of your high appreciation market, compounded with quality leverage from an owner occupied loan.

I am tracking my returns based on cash flow numbers only (for conservatism reasons - I look at appreciation as icing on the cake).A little background:The underperforming units are all part of a small multifamily compound in a lower income neighborhood that I purchased in 2018 that looked great “on paper” but after tracking their performance for a few years, experienced less than expected returns due to one issue or another that has cropped up (more capex up front, tenant that I couldn’t evict for 10 months through covid, multiple vacancies causing turnover costs).

Specifically having multiple family members with multiple buildings on one residential property. i.e. family compound

It sounds like that started the process, and then additional issues have compounded the case.

Then build MULTIPLE streams of income, the type of income where you earn even while you sleep, month after month, year after year.Top that off with the power of compound interest, the ability to leverage other people’s money and the multitude of other benefits of owning cash flowing real estate and it is easy to see why real estate is responsible for creating more millionaires than any other asset class.BUT (and this is a huge BUT)…many of these benefits are almost exclusively reserved to those who actually OWN (or at least control) the real estate.I’m sure others will have differing  opinions. 

The reality is I was making small improvements over time that kept compounding and adding up and I just didn't see it because it was so small at first.Now looking back on those days and where I am today makes me feel I am looking at someone else's story.

I wish I started that early, it’s amazing how over time these investments compound. 

I thought about bows and guns, but seems like a huge liability risk, but the rest is cool.