Here is the process (keep in mind, you can be the one person whom does these all, or outsource or have in house employees to do these):1.

If your return on equity is lower than the return on investment you could get by redeploying that equity into other properties or other investment vehicles then it is probably time to sell.

For us we are supremely blessed with our new build project in Oregon it has been quite the adventure coming out of the ground right when covid started.. then lumber 3X etc etc but for us the values rose to keep our original or exceed our profit margins per pro forma just taken a little longer than what we all planned or hoped for.

If I just keep the property in the LLC since the other member is dead does the LLC now become a single member LLC? 

Keeps the banks and institutions out of it and makes it more efficient. 

I’d also be inclined to keep the property as a 3 bed / 2 bath and with a larger master bath.

EVERYONE of my govt tenants has to have income of at least 1 month rent.Annual Property Inspections THIS is a GOOD thing, it keeps the prop in good condition.

Based on my experience even with hiring contractors you may also need to do some minor project management to keep the project on track.

i'm wondering if we're "doing something wrong" here. we have a strong RE agent and attorney team. they do everything they can; maximum exposure, covering our a**ses, etc... and deals keep falling through.it's a very nice (subjective, i know) piece of land (1 acre) in residential chicagoland.does anybody have any tips to get it sold?

To keep the momentum going I've joined BP to get more education on acquisitions, financing and connect.