It's an asset that provides stable predictable income as well as appreciation and tax benefits next step buy yourself a Bently and celebrate. 

@Ryan Fox it's important to make sure you understand the pros and cons of rental arbitrage to see if it meets your personal investment and financial goals. 

If you don't want that, I would sell it or put it into storage (which may not be financially feasible), but long-term renters are hard on furniture that is not theirs. 

When you can communicate both your strategy and criteria (and are financially credible), you can leverage your network and get meetings with brokers who are willing to shop for you.

If a tenant (friend) needed to move, I wouldn’t want to be in a bad situation financially.

I have found it harder to bring in financial partners on my last property even though it has higher bookings that than other properties.  

If a tenant (friend) needed to move, I wouldn’t want to be in a bad situation financially.

I'll add a few more things that can have a huge financial impact: required reserves, LTC (loan to cost), application or other upfront fees, and prepayment penalties.As a fellow flipper, I think it's important to have reserves, but they shouldn't be required as part of your funding.

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

There is a case for buying well-located solid assets that produce immediate current cash flow at reasonable leverage.