After remodel They sell for only $3.8m, you get your $600k back plus $600k (much bigger than your assignment fee) and your friend/seller gets and extra $600k in their pocket making you buddies for life.

I presume UCI would be difficult. I

That could mean extra capital outlay to attract a tenant. 

And yes, $1 a gallon more is just x more, but at what point does that extra dollar become significant. $2 to $3, $3 to $4, $4-$5 etc, eventually it matters. 

The LLC plan to avoid lawsuits is a construct from people who charge to set up LLC's which fails to tell you: annual fee for LLC filings, extra costs for extra tax returns, total need for an advisor CPA.

I know all this because recently a repair was done in both units, and the one apartment is nicely kept, and the other apartment is not nicely kept at all and they have an extra animal.

If you can pickup a $250k house with an extra bedroom you maybe in the $2k rent range. 

Pull all the equity out and get to a cash position.The extra money you made over the past year of exponential appreciation will offset your tax liability on the sale of the home.You never hold when the market is going to crash.We are headed into a strong correction in the market.Thanks

Without fanfare or extra unneeded words  

How difficult is the eviction process and does it complicate things that the tenants are section 8?