I've been wanting to get into real estate since when I read Rich Dad, Poor Dad by Robert Kiyosaki in 2004.

But at least make that an educated decision. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Definitely not my most helpful post haha but I am sure you will make a decision that is best for you!

I'm leaning toward the decision to sell, as the expected rewards do not seem worth the risk (or opportunity cost). 

It's not the reality for most and if more beginner investors had the correct mindset they would make better and more informed investment decisions.

If it goes well, investo more.If it goes poorly, figure out why and maybe you picked the wrong market, the wrong team or the wrong property Class. 

They're good to have open access to capital/cash/equity to a property ahead of time so you can execute a deal or purchase when the time comes on a split second decision (versus having to apply to a loan at that time which might take 20-45 days to get approved/closed/etc plus by that time you dont know what your future income/credit/assets will be like in order to qualify anyway).The second use is sleep at night factor and having a reserve of capital in the event an emergency event occurs in life.For these two reasons is why I use lines of credit.

One of the project neighbors slowed the project by 6 months by appealing the staff decision through design review, planning and zoning and city council.

Many of our clients have done this and secured much better terms....EricThis spreadsheet decision is based on what you can afford and when you expect interest rates to fall.