If someone is willing to live in and renovate the 2 of last 5 year capital gains exclusion is a significant consideration.

It would take considerable manpower to show every rental and every lead for a large company.

I will take this into consideration and if possible I'll visit whenever I can.Also, thanks for the connection with Elenis, I will reach out and maybe we will work together.Do you have properties in the area?

So, in your considerations, I would park right there for a bit and determine how this would look for you.Since you have about 2.5 years to think about it before you would need to spring into action to take advantage of the rollover for tax advantages, maybe you try on a rental and see how it fits. 

You could potentially tap into your existing utilities but there are other considerations that might make it worth separate utility laterals and services. 

definitely need to have lawyer look at it.Risks/additional hurdles- On the practical side, the absence of deeded rights makes tenancy in common ownership considerably more risky than condominium ownership, even where the TIC owners have separate financing.

Quote from @Deirdre Lizio: This is not an "either-or" consideration.

That mirrors my experience too - our Hispanic contractors know exactly what the market rates are and they may be a touch below but not considerable - what you are getting these days is a faster, tighter job, not huge cost savings.  

Considerations.1.  

So, selling sub-to, the mortgage is brought current and timely payments are made by the new owner helping the original owner's credit CONSIDERABLY!