Honoring the lease ensures stable income and tenant satisfaction, facilitating a smooth transition and potential long-term tenancy.

He is the only potential buyer as he has the lease for another year, after which my 250k exclusion will have run out.I am researching the servicers now - thanks!

Real estate is also typically the most expensive purchase a person will make in their lifetime, so that also means in can potentially make them significant money or lose significant money.I got started because my w2 is in real estate.

I'm concerned about the potential costs associated with selling.

Based on what you're describing, I think your going-in criteria is definitely something that is strong *however* your goals may not match what current market reality is.When you say $3200/month payment - do you mean $3200/month before or after accounting for potential future rental income from your tenants in the other units? 

Possibly if the basement is not accessible somehow from the other units, potentially you may need to create interior access between units, but theres probably access somewhere, just may nesseciate removing locked door. 

But cash out is different  Hey David, Yes, it was a short-term rental (STR).0.74 acreageThe property was marked as rural on the appraisal.1007 form not utilized 75% of AirDNA data was used for determining market rents.The potential loan-to-value ratio (LTV) for the cash-out refinance could range between 70-80%.Let me know if you like to take a look at the property.

I sign up for this all in 2019 for this is the first time I’ve logged in.I bought a place in 2018, remodeled and sold in 2022 and chased my dream of 20 years of moving to Jackson Wy however investing here in not an option since I’m not a billionaire sooooo I am planning my next moves and looking to invest.I have roughly $30K (potentially $50K) to invest in a flex and flip as I’m not sure I could do the landlord thing.I have been looking in places I would like to actually live which is eastern Oregon, North central/East Tennessee, Rapid City or Naples-Clearwater Florida areas.I have even considered building (having a builder build it) new or spec home so if anyone knows of any reputable builders?

You're probably buying at higher rates, but just run the numbers, see what you can afford, and compare potential monthly payments to what you could get in rent.

I could potentially sell this home in the mid 500's currently.