Sell the property and invest in alternate investment.3.

Upon a lot of thinking, the tax treatment of the duplex may be an important factor - I have done a lot of research online, but would like a consultation with a tax accountant/CPA who has experience on real estate matters.

Another alternative I thought of was renovating while they are still living in the units, considering thus far these tenants are good and, always paid their rents on time.

Are there alternative business loans that we may qualify for with less experience?

There are alternate options to transfer air to/from bedrooms, but those get somewhat complicated.The cassette fan coils are ugly and take up wall space, You also need a thermostat for each one so you have to plan for labor for that wiring.In my experience the Japanese products (mitsubishi, fujitsu, daikin, etc.) are better technology than the American manufacturers (trane, lenox, etc.).

It's not just that you have to take title to the real estate to be eligible for 1031 treatment. 

While I love my market, I see a REIT as an alternative to trying to invest out of market and add some diversification to my RE portfolio (yes I know there aren't the tax advantages or sweat equity advantages).

Hi Allen, another great alternative, if things don't work out with your PM, is a landlord platform that offers you the tools to bring a little bit of automation to managing your own rental (ie. publish 1 listing that syndicates to 10+ core listing partner sites, comprehensive tenant screening, digital lease creation, online rent collection and maintenance request management and tracking).

I.e. what's the pay-back period to recover your down payment money with the conventional loan.That being said, the downside of a FHA is that you have PMI for the life of the loan, even after you hit 20% equity.As an alternative, ditch the mortgage broker and speak directly with a local banks / credit unions.

These are the same rules for most all retirement plans.The alternative would be to rollover the 403b to a self-directed IRA or Solo 401(k).