My wife is our agent and did an amazing job locking up the property for us.

My wife is our agent and did an amazing job locking up the property for us.

They either put checks in a lock box or pay by ACH and some mail a check.

Ask yourself what triggers investors to do what they do.

I understand I could transfer them prior to paying them off but would risk triggering a due on sales clause with the lender… slight risk though it may be, my wife and I have decided to transfer when the property is paid off.I hope this is helpful.

Collect all of the relevant documents (the original lease, any notices given to the tenant, and the lease termination agreement), and schedule a consultation now, and determine the best course of action so you are ready to pull the trigger on November 1st. 

I simply locked him into another 12 mths with the option to buy at a set price. 

The intent of the question was to understand the pros and cons of rolling in fees as GP contributions and whether it would trigger any red flags from the lender or investors perspective.

Then I'll travel there to confirm the areas I want to focus on, meet the REALTORS and Property Managers to lock one in, and then start looking and making offers.Personally, I want to invest in areas I believe in and would enjoy living in myself.

If you're well capitalized and have significant reserves I'd prefer to lock in long term debt with today's dollars and pay it off with future dollars that are worth less.The amount of capital gains as well as depreciation recapture that many investors would have to pay if they sold everything into a cash position is astronomical and should be a part of the decision.