If this property is hard to rent, or is functionally obsolescent (only 1 bathroom, no yard, etc), or has deferred maintenance that will be costly, or is in a location that is not appealing to Tenants, then maybe a sale would be a good option in favor of a property that has better Tenant appeal, which will likely increase rent and avoid long vacancies in between Tenants.An option to consider....

While this can maximize leverage and ROI, challenges include getting lender approval for seller financing, high carrying costs, and the pressure of short-term loans.

The people who actually have an incentive to ensure you make it to the closing table are all telling you 5% down conventional, maybe there's a reason for it.

If you enjoy hands-on management and rapid income growth, this could be your strategy​​.Considerations: Expect higher maintenance costs, variable income, and stricter local regulations in some areas.3.

The bank will put a hold on them, so you can't just draw them out, so don't plan to need them for a while.This will cost you an appraisal on both properties to be performed by that lender. 

I am a power user for Zoho for a number of reasons including following:Zoho CRM, truly the beast out there.

not sure why one would ask this question if the intent is to pay it.. only reason I can think is they want to try to wiggle out of it.reality is anyone can file a lien..

I might be biased - though the easiest way to tell which option works best is to get a side-by-side comparison so you can see the overall costs, payments, etc. 

Hi @Alex Lee I would avoid 203K loan and work with conventional renovation loan based on knowing you'll be forced to use 203k certified contractors which will cost more money and offer inflated pricing because they must follow 203k guidelines. 

Good suggestions above.I would research the labor cost of a total resanding and recoating.