Best case scenario, you are renting to other students (who you screen to feel secure that they won't throw a wild party and destroy the property) and you don't have to do much...

Maybe a few larger units for businesses instead of small units.If you're not excited/happy with the Little Rock property and House B, you could get rid of both and throw the profits at House A.

My investor (family member) is very anxious to get in and out of this property quickly and wants me to do the absolute minimal possible and throw it back on the market.

Trevor:Arizona is only a stone's throw away from San Diego.  

Try a) a more detailed description of your structure and why this would appeal and b) target your message to a particular audience in a particular market. 

When you are about to "throw yourself" into this new endeavor or REI, I would strongly recommend you meet with a mortgage/financial professional first.

When you are about to "throw yourself" into this new endeavor or REI, I would strongly recommend you meet with a mortgage/financial professional first.

If the building is throwing cash and you have decent credit it may be possible.

In the end, I feel like I'm throwing the dice in Vegas: pro forma rents, short leases, cap rates, and the incredible variance in how properties are presented...apples to oranges.You are a success story, and inspiring....hope I get some more sleep as this unfolds.

If you do decide to go, await till near the show and someone like Scott Carson will start giving away tickets to backfill the audience.