But, at some point, you have to trust people.I also agree on the potential issues with the current tenants showing the property.

If potential owners can't get qualified financing then units dont sell and thus prices decrease without rental restrictions.

Want high cash flow but potentially difficult tenants, invest all in under $30k and bring in $650-$800/month in certain areas.

My suggestion would be to have at least 1, if not more, estimates ready to present to the potential buyers.

Without pulling capital out, you will have more equity, and could potentially cash flow better on that 1 property, (ie. if you have the property completely paid off, you may cash flow very well) but is that the best use of your equity? 

Some people love the sandwich deal, but be prepared to potentially deal with headaches, because they do happen every once in a while.At the end of the day, which strategy you go with is entirely dependent on how much risk you're willing to tolerate, and whether or not the potential reward justifies the risk.

If you'd like to grab a coffee at some point on Saturday in Merced to discuss the market/potential deals, let me know.Brad

@Roger Poulin  You mentioned that doing this would potentially not trigger a due-on-sale clause, and I will seek legal advice from this, but I was under the impression that if I take equitable interest in a property then it could likely trigger it.  

This means that before a potential buyer is allowed to enter negotiations, and certainly before sensitive financial information is released, the seller and or his agent will want to be convinced that the buyer has the ability and willingness to complete a purchase.  

If I like them it may open my eyes to potential angles I can keep an eye out for.