For investors who want a "perfect property" Rent To Retirement sells new construction homes in more expensive neighborhoods for a higher price point.

However, you can't sell something unstable, with circular references, requiring human override, etc.But, if you stabilized it, the model loses efficiency. 

There is always a transition period where selling owner stays on and over time new owner transitions into full control.

#3 Sell and invest elsewhere.Condos add risk. 

If you do go the seller finance route, consider asking for a right of first refusal option in the event the seller ever decides to sell the note. 

When donated to a qualifying charity, you generally can deduct the full fair market value without having to pay capital gains taxes, which is a big benefit compared to selling it.Itemized Deductions: To claim the deduction, you must itemize your deductions on your tax return (rather than taking the standard deduction).

He gave me the owner's number (Jeff) and I called him on the spot, hoping to be able to offer my services to help him find and sell more homes in the neighborhood.

Good luck.2nd comment- Why are you selling?

So, say, properties in your target area are selling for about $100/sq.ft.

Exit StrategyResale Planning: Research market trends for optimal selling timing.Long-Term Investment: Consider retaining the property as a rental post-graduation.Marketability: Choose a property with appeal to future students or young professionals.By following these steps, you can make a well-informed decision and ensure a successful investment that benefits both you and your student during their college years and beyond.Peter Derry PHD Properties