There is a reason that landlords are leaving with rents at all time highs.
Its all about risk at the moment and the risk for you that you wont be able to sell to who you want to or for the tenant to leave in the time period you require, if they leave at all.
For example a recent property that went sale agreed in the latter half of last year and the tenant was moving out in November. Well that tenant decided not to move and have the housing agencies on their side. Yes, they should still be able to remove them eventually, but there are cases in Ireland now where tenants stopped paying rent and are taking 2 to 4 years and counting to remove them. Well that sale has fallen through.
Have a look at bidx1. A fair few properties on there recently at knock down prices. Too good to believe. When you look into them they have sitting tenants. Tenants who the landlord decided it was easier to leave in there and sell at a huge discount to get away from them.
Then there is the risk of what kind of roll of the dice legislation any change in government brings in. Because the one thing you can be sure of is that legislation will change at least twice a year and never in your favor.
You have to ask yourself this question. Given the money tied up in that property and the amount you are making from it at this point, are there easier ways to use that capital to make money.