Another way to possibly increase cash flow would be to MTR or STR one or all of the units.

In this case, there is one loan, and the lender either gets paid as promised or it blows up and the lender will likely lose some or all of their capital. 

You'll lose a bit of cash flow from this property, but it would allow you to pull some (or all) of your $200k you invested in the rehab out, to invest in another cash flowing property.

Were you able to pull most or all of your capital out?

They could lose some or all of their investment not buying right with NNN.

Just a reminder when you buy a property you can request that the sellers pay for most or all of your closing costs!

This lets you cover part (or all) of your housing costs while building equity and gaining landlord experience.If you don’t want to house hack, you could look into investing in a more affordable market, but that comes with more complexity especially if you're managing it from afar.

They had no lease, but apparently the mother made the agreement with the previous owner but she had moved out since and left her sons (in their 20s).On court day, only the mother showed up and stated that she didn’t live there anymore, but she made the oral agreement with the previous owner.

This would allow the losses from depreciation on any or all of your investment properties, including those losses generated a cost seg, to offset other active income.

Recycle CapitalThe key advantage: you can pull most or all of your initial investment back out during the refinance.