…They simply have to buy as much or more than they sell for (after closing costs) and reinvest all “cash” they receive. 

Did you make your millions from cash flow or appreciation?   

The barrier is the additional complexity - now you are operating two sets of books, and filing two tax returns, and have more operating agreements, more state registrations, etc, need to manage cash better, need to keep in constant mind that your rents need to be a supportable FMV, which may require getting third party certification on your rents so that in the event of an IRS audit, what you have done is supported.In short...the size of the project, and the taxable income, need to be of enough scope to make all the additional costs and annoyances worth it. 

Or do you go for cash flow only?

I want out touse cash to invest in the Midwest.

The support from the RTR team has been invaluable.Looking ahead, I'm eager to explore creative opportunities in real estate, particularly with the unique mid-term rental options in San Antonio.

Stay put and use some cash to expand your asset base.

When they don’t share the numbers proudly, it is usually a negative cash flow situation. 

It's all about support, right?

Curious about the wisdom of messing up a good thing with a cash flowing property to potentially own/sell a multi million dollar property.obviously would like  a better understanding of the risks involved.Thank you