Cashing out on my current, plus buying more, might just essentially mean I bought 18 properties at a high point in the market.

So back when it was on the market, I offered 1.1 , essentially, a bank won't finance this ( in my market I have a 80% LTV lender ) and they want 1.2 DSCR, but this will not cover with their underwriting #'s... 5% prop mgmt, 5% reserves, 5% vacancy, and the info I listed above, and it doesn't cover because the rents stink.

Essentially, you want to answer the question - why you.

So debt payoff is essential. 

@Jennifer White there are 1,000,000,000 things I wish I knew then but if I had to boil it down it would be these two:1) Understanding how banks underwrite loans.This is essential to scalability if you're looking to do it correctly from the start.

Here in the SF Bay Area, FHA loans came close to essentially not existing.You navigated all that, and 2 days from closing found out that the seller is actually upside down, and they can't even sell their house at all. 

(Never dealt with a lender, always paid cash on my residential flips) ((No, the EMD is essentially just a good faith deposit that you will perform under contract.

Because instead of paying $20K for a new pool, you are paying $10K for essentially $20K project.But, as @Dana Whicker mentioned, it depends on the neighborhood and if that is "essential" or not.

This is typically done with what’s called a “quit claim deed”, essentially a transfer of ownership from one entity to another.

That's essentially exactly how most real estate firms operate with a team structure.