I am in the same boat of either 1031 exchange or refi some of my small multi's to purchase a larger complex.

OC California is very expensive so investing out of state can be a good option.

What are your next deal options?

Out of all of those real estate strategies, for me, the best strategy has been single-family homes that I sell on lease options.

Hey all,I’ve been diving into options for software to help streamline real estate rehab and construction project management.

Devon, is there a seller finance option available?

You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.

On public websites, I see some options to acquire a duplex in central Los Angeles under $550K which would require at least another $50K of work if I do not outsource most of the labor.

However, given the fact one is gone and the other is doing their best to cover all the rent, eviction would be a last option.

Investment Info:Large multi-family (5+ units) commercial investment investment.