@Preston PhillipsI recommend connecting with @Zack Karp to discuss your financing options.

 tenant intiially voiced they wanted to stay at least 4 years due to the school district before signing. we are almost through year one with them, and will need to restructure our lease in a few months. they have been fine tenants.i was thinking about incentivizing it, but want some expert opinions. they currently pay 2795 a month, but a total of 2863 with the property mangement fees( pet and "convenience" fees) but we are getting rid of our property mangement company and doing it ourselves. trying to think of the best way to pitch thisso what i was thinking was:2863 for 3 years ( it would stay flat for 3 years)2925 for 2 years (flat for 2)2975 for 1 yearthoughts?

I was about to ask a similar question (and still will due to the current economy), but appreciate the discussion on this thread about the pros and cons and level of cash flow required to make the early withdrawal penalty worth it.. 

This is a discussion forum - so I'm both replying and asking additional questions. 

. $33k entry fee for three duplexes.

That can also cause issues with expired mortgage rates, rate lock extension costs/fee's.

Also, I would be wearly about the HOA fees with condos espeically if you are going to BRRRR this and rent out to section 8. 

You also want to avoid paying points or broker fee's so going to a Fully Delegated bank can help avoid those hits.That room cost is normal I have seen much higher especially in Virginia Beach!

Off the top of my head, I believe I'm paying them around 18% total commission (they charge 10% on all taxes, fees, cleaning etc).My question is - Should I relist my property now during dead season or wait until peak season?

Currently in discussions with representatives from Realized1031.com, a start up that sets up DST portfolios for 1031 exchangers.