I'd look into the capital gains tax implications if you sell it now vs holding on to it.

Complete your profile with information on your experience, goals, what you look to add to (and gain from) the BP community.

Therefore many people what they do to get around this is partner up with an experience investor to help them get better terms on the hard money and that also helps you gain experience that you can use for when you go solo.

How much gain are we taking about?

I'd recommend if your goal is to gain cash flow faster in order to free up your time, then BRRRing a property would be the best option.

By gaining insight into the investor’s goals—whether it’s flipping properties, acquiring rental units, or developing new constructions—the broker can tailor their approach and identify the most suitable lending options.Once the broker comprehends the investor's needs, they leverage their extensive network of private lenders.

If you succeed in a big way, you will gain some friends and admirers. ( you’ll even have more friends if you pay for all the events, trips, and dinners.

(If curious, my residential real estate investor clients from 10 years ago [you can find my 10 year old bigger pockets dot com posts :], at the time buying up 2-4 unit properties, a lot of them are now done with the 'human' tenants and want to 1031 into something that is ACTUALLY passive, so yes Starbucks comes up, thus I watch it).In my case I zoomed all the way into a specific brand (which then allows me to make very sweeping generalizations across an entire state -- but still not the entire country), I'm not suggesting you do that, but SOME of the variables need to be narrowed down, before you can gain any useful insights. 

I’ve gained access to the basement and didn’t detect any foundation issues.

What does he consider a substantial down payment and does he know that he has to pay capital gains on that down payment instead of just on the payments?