The 1k per month can easily be priced with the first unit.

Is there a reason you are considering only condo or townhome? 

The buyer must come up with the difference between the seller(s) current mortgage balance and agreed upon sales price, plus closings costs. 

This also reduces the risk of mingling funds, which is important for both clarity and legal reasons, especially if you decide to form an LLC in the future.Potential Issues with Personal Checking Accounts:Audits: Using personal accounts can complicate things during audits.

There is a retaining wall that is bowing, which I had an estimate done during the purchase contract which the seller dropped the sales price for that repair.  

They can look at specific areas through time and give you DOM, list v. sale, price per square foot, etc which are all great data points if looking to invest in that location.~ Lindsey

If her husband for any reason stops paying you would have to put her on the street.

Condo and cash out will 'hurt' pricing for any lender.

The market has corrected, and unfortunately, this means that the value of your investment has taken a hit.The main issue is that these properties were purchased at a high basis, meaning you bought when prices were inflated.

It cites Covid work from home as the reason, where people desire more privacy now.