Your intent is no longer an issue and you'll probably get more favorable lending as well.IF you absolutely have to make this switch pre-1031 it might be possible to structure a 1031 that works depending on the nature of your LLC.

Agree with comments that liability should be limited by virtue of the nature of a syndicated investment but adding an LLC could add another layer of protection.  2.

You can always upgrade units as they turn over when you would have natural vacancy anyways. 

I assume i will be able to qualify for 300K profit, with 75K in transaction cost (6% RE commission + 2% tax + 2% on Misc spruce up/staging/mortgage etc)Cash flow is positive because of low mortgage, 15 year interest at 2.625, But rental yield is very low 4% based on current market price that is the nature of the yield in this area i can find 5 or 6% yield maximum if I find wholesale or auction property in my area. 

I live in Greenville SC which is an amazing place to live so naturally I would recommend Greenville.

Naturally, I backed out.

We will be upgrading the heating to separately metered natural gas furnaces.

I am an agent in the Norfolk/ Virginia Beach area and naturally work with Navy clients and the Va loan on regular bases.   

I don't have enough context with your question, however - my suspician is that you have started up marketing, and perhaps have a more natural intuition and strength in converting a lead than some - but you either haven't put the time/thought into your systems and processes of 'what to do next' that now you're staring that down!

I found another interesting article: https://www.propertygeek.net/article/the-18-year-p...Basically the housing market is cyclical in nature, in my opinion moving into buy & holds is a great way to weather the storm.