He also said, for that reason, they stopped buying properties in 2012 and pivoted to developing apartments from the ground up.Arguably, they missed a lot of upside with that rule.

If you have dead equity you can access and still have positive cash flow properties there is no reason you should sell, unless they are SFHs.

Was there any reason to offer these people a lease ?

I will start talking with someone on here, over email, phone, etc. and then we may not have a reason to speak again for a bit and I will then, many times, forget that I had wanted to touch base with that person again until way later.I work a lot, so things slip my brain pretty easily.

If HUD finds reasonable cause to believe that discrimination occurred you will be brought into an administrative hearing where HUD attorneys will litigate the case against you, or the Attorney General will file a suit and litigate it against you in Federal Court.

I need to set some goals to make sure this happens in a reasonable period of time. 

That is one of the main reasons to take that path so that you can vastly increase your equity immediately.Your "cons" of 1 BRRR is throwing me off. 

I'm working with a client based out of Indianapolis that is interested in the Las Vegas market for obvious reasons. 

I have read that that's not a good approach, though, and apparently would not meet code.Do you see any reasonable way to approach this?

We also happen to be selling our primary home in August as we have a third child on the way and need more space (among other reasons).