However, this means forfeiting the potential future appreciation of your current property and could entail a time-consuming process of finding suitable replacement properties.

Most people (in my opinion) get ahead of themselves and start future pacing by picturing their life as a landlord/real estate investor 15 years from now.

Let’s get the cost/project model.  

Once people decide to leave their commitment is to their future situation and yours is to your new tenant. 

“in an effort to prevent our possible future tenants from over committing to a long term financial liability.

I will tell the future tenant's or owner to not lick the siding. 

That being stated I am not closed off to completing rehabs in the future provided I had more capital at my disposal.  

Good relationship with local wholesaler who needed capital to take down the project How did you find this deal and how did you negotiate it?

When I took the early withdrawal of about $200k (about $130k after taxes and fees), the purchase projected to cash flowed $20k/yr at COE, and had a baked in value of an additional $100k above the asking price at COE.

There are several reasons for that including but not limited to, landlord friendliness, lower prices, population growth projection, positive job growth rates, lower crime rates, 1% rule, to name a few.