Some things i’ve considered:1) Talking to my co-workers lender to see if they would let me assume the mortgage at minimum fees2) Seller financing if that is possible3) Private money loan for repairs then refinance later 4a) Hard Money loan for repairs then refinance later4b) Hard money loan for purchase+repairs (*only if i could not get a conventional loan on the property ref. the roof repairs) then refinance after establishing new tenant+refinance wait time5) .....Something my mind can’t conceptualize.....

If the properties are in Los Angeles, Exit all of them immediately and let someone overpay in the current LA market, Then purchase an apartment complex at the Institutional grade that will deliver you a couple of million a year in cash flow.When I worked in Private Equity and a new client showed up with over 20 million worth of debt free real estate spread out over 15 or more properties, It always surprised me that consolidation into one asset never came to mind.   

I recommend setting up keyword alerts for your area so you can start engaging with conversations in the forum that center on those neighborhoods - that can be a great way to connect with like minded folks pretty quickly.Also, f you haven't subscribed to the Bigger Pockets podcast yet, I can't recommend it highly enough.

We will of course analyze with property management in mind for when we move out into our next investment!

Thanks Ron, I will keep that in mind.

I'd recommend taking a step back from the situation, look at it from a 10k foot view and wait until you can approach this with a clear mind and heart.

I had in my mind it was around that much, but couldn't remember where I got that number.

There are a ton of resources to help you learn on this site.Attend local REIA meetings and connect with like-minded investors: http://www.biggerpockets.com/meetRead the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingListen to the BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/

- property management fee (someone has to manage this property, even if your self managing you need to pay yourself for your time) I would use 8% for a property management fee ( there is a whole litiany if charges such as placement fees etc that get charged as well but to keep things simple let’s use 8%) keep in mind your area might be unique i would call some local PM’s to get a feel for the cost.

:-)  No harm though if you want to run 6g wire for that extra peace of mind.