If things are tight, renting is always a safe choice $$-wise, because of the price of flexibility.Your plan doesn't sound bad- but there is no best plan for everyone.

I think my ideal final exit strategy would be to consolidate all of my equity into 1-2 large MFHs which  bring in my monthly income goal.I would love to invest close to home however i'm not sure if it would be the right move due to the high property values in the northern California area.

Good on you for finally starting the eviction process.

We'll be visiting in two weeks to checkout the area and get a feel for the city, then the final decision will be made.It sounds like a lot of awesome experience going into this virtual hangout, I'd appreciate an invitation please!

So I got a tenant finally moved in mid December after a 5 month vacancy.  

Sounds like an investment final test question for ROI. 

It took me 4 years to go from watching on the sidelines to finally making the plunge. 

I put a disclosure that I am the principal in the transaction not taking a fee.. and I am buying for PROFIT or LOSS  … they sign and acknowledge that.. and if they want to sell for what I want to pay .. deal is done.if your think your going to tell someone their house is worth X when its really worth Y just so you can make a big spread that is greater than your commission or tell them your not taking a commission.. then that's your choice..Although do keep in mind most wholesale deals are distressed wrecked houses that need rehab etc.. and commission are negotiable.. there is no law of charging a higher commission for tough to sell properties.. if that is what your aiming to do.. 00I worked a builder out of a 22  duplex's he had built was having a tough time selling.. he wanted 30

Pay off your Mom... if she wants to go in on the next deal great but let that be her choice after u pay her back..

When the oil company finally paid up, it was about 10 years after.