Are you planning on selling it? 

To put this another way, would you rather leave your $40,000 of capital in a property for 2 years and then walk away with a $50,000 realization event when you sell the home or in those 2 years complete 3 BRRRR transactions, become frustrated by the reality of owning the low income housing and then sell 3 homes after 5x as much work with no gain?

So, if you are selling a property - you may not have that many people even looking at your property! 

BUT if selling is what makes sense, do it.

Wondering if I sell some now and use the money to pay others off, is there some little known way of avoiding the capital gains in this case, similar to how the 1031 does...?

My parents have an investment home in Washington state that they want to sell.

Closed sales were also up about 4.3%.Overall, the Austin real estate market looks relatively stable with and poised to exhibit its typical seasonal behavior as we head into the traditional spring/summer selling season, where more buyers enter the market and more owners aim to list their properties.Here are the full stats for Austin and the greater metro:Sales prices peaked in Austin around May 2022 as sharply increasing mortgage rates cooled buyer demand.

Agree with @Nicholas L. and @Jay Hurst - for those of us that live in reality and have nothing to sell, it's really hard to execute a BRRRR from across the country.

Don't sell !

I bought an investment property in Muskegon a couple years back but was not very knowledgeable and end up selling it.