I can only speculate why somebody is going to contact me vs someone with cash but a few things that come to mind are that the person buying with cash might not be as reliable, s/he might have their cash tied up in another property/properties already, the deal might be too small for them, it might not be a suitable location for them, maybe not the right property for them i.e. condo vs SFH, and so on and so forth.

If he 1031's he'll get the full equity to be used for his replacements.Taking a LOC will probably shift that property into a negative cash flow position. 

We bought and fixed it up in the latter half of 2016 and it's been rented ever since to our first tenant(s).

That 5 year CD I mentioned would hopefully beat out inflation by about 1%.As to how to structure the deal, why not do a cash out refinance after 3-5 year period and pay off the investor(s)?

The extremely damp conditions will infiltrate to the unit/s above and will drastically reduce the useful life of everything in the bsmnt. incl. the water heater, furnace, electrical panel, etc.

I have separate accounts established at the credit union I bank with that are specific to each tenant similar to what Thomas S. is discussing. 

Originally posted by @Thomas S.

What neighborhood(s) did you purchase your duplex in? 

@Mark S. 

Hi JohnS Drexel St (near East Chatham) & S Exchange St (South Chicago)