And compared to income tax..Depending on the size of portfolio and appreciation you can also pull pull equity by keeping your leverage at a fixed percentage and skimming off the annual appreciation.Third option would be to 1031 into a syndicated deal (or multiple) maybe some inductrial, commerical to diversity.

It all comes down to how much inventory has grown in that area (see map below):As Realtor.com explains:“Regionally, price reductions in June were significantly more common in the South and West (23% of listings) than they were in the Northeast (13% of listings), reflecting the inventory divergence across these regions.”That means pricing isn’t one-size-fits-all.

Have you done a deal this size before? 

There’s no one-size-fits-all, but a solid starting point is getting really clear on your focus, are you planning to invest, flip, manage, or help others do any of those?

Each residence is a one-bedroom, one-bath unit, approximately 700 square feet in size.

Who decides the size of it, and how?

what's the size of the roof? 

Yep, we're still doing 100/100 routinely (with loan size up to 75% ARV) on our normal program across 10 states.

You'd be surprised at the occupancy rates of some of these mid-sized cities.

If you have two other properties in the same LLC, then if someone from your other two properties sues you, all of the assets in the LLC could be at stake depending on size of lawsuit