So, if you are working with your 70% Rule (30% discount) it can cost you an easy 15% just to maintain and re-sell the property.

As long as the tenant is good and the unit is being maintained, even a small cash flow of $50/month would be okay.

You maintain an asset that will probably continue to increase in value nicely.

Additionally, you could also look at it like lenders do, and make sure they've maintained employment in the same field for a given period of time without gaps. 

Hello I'm starting to negotiate on an 8 unit apartment in Minnesota that is owner managed and maintained.

Tell us what you think.Property being sold: Our first successful BRRRR- Bought a REO for 60k in 2017, Rehabbed for 65k, Rented for $2200 gross monthly rent, Refinanced cash out for 174k that put a down payment on our 7 unit, Repeat listing for 239k and leveraging the profits into a 10 unit.Subject property: "Mom and Pop" run well maintained 10 unit that is fully rented with long term tenants and under market rents.

The main point to keep in mind is: the investors will not join a deal just because they see attractive terms, most will join you on your offering because your team has established and maintains strong relationships with these investors. 

Most of them give up because this industry is hard to maintain and scale up

@Ray HaywardAs the note holder you have the right to protect and maintain the asset.

Focus on getting the right tenants in place, and don't be afraid to maintain/over maintain your properties.