Well this also needs to take in consideration the risk involved.

What are the considerations as the seller do I need to be aware of?

Has anyone had experience with either option and can share insights on rental yields, appreciation, management challenges, or any other considerations I might be missing?

Most people who have funds to lend also have considerably more than they will disclose when they do their first deal with you.

The main areas usually causing problems being means of egress, fire separation for each unit, ceiling heights within each unit, sprinklers throughout all units, accessible unit and required parking. 

@Joe CarpAs mentioned you will need to find a loan that does not take into consideration income.

Jersey City Heights in particular. 

Another consideration would be to look at it as a start-up expense if it's regarded as a trade or business (can deduct up to $5,000 immediately for eligible start-up costs).

Consult a CPA and your mortgage lender.Here are some generic considerations from chatgpt just to save me some typing.Valuation of Assets: Start by getting a professional valuation of the real estate properties and the LLC itself.

Again, this is risky, and maxing a card will ding your FICO until you pay it down, and also increase your DTI -- if those things are considerations for your next home purchase.