@Robert Weissfeld, Yes, you can sell, cash out half, and 1031 exchange the other half. 

It has been a mix of 1 Conventional, 2 DSCR, 1 Seller Finance, 1 Cash out Refi and 1 Fix and hold. 

Purchase price: $215,000 Cash invested: $75,000 Sale price: $410,000 Total and complete renovation!

Purchase price: $150,000 Cash invested: $75,000 Sale price: $332,500 Attention to detail was perfectly executed through out the entire home.

Here are the key points:Lender Policies: Most lenders require proof of stable rental income, typically shown through previous tax returns or a history of rental payments.

Purchase price: $150,000 Cash invested: $75,000 Sale price: $332,500 Don't miss this Freedman's cottage built in the Roaring Twenties.

Last year we were able to connect an investor of a coastal six plex with our personal credit union and due to strength of borrower and property, they provided a non-member with a 25% down mortgage with a 25 year amortization on a property the seller was requiring 'cash only' due to the presumed challenges of multi family financing. 

While your property management companies provide monthly statements, having a dedicated account will make it easier to track transactions, verify statements, and manage cash flow.

I have been reading lately about high interest rates, high prices, low inventory, too much competition, no cash flow, etc.

In 5 years, you'll have 5 properties that will be cash flowing and can be on your way to financial freedom.