Seems like you're in a great financial position. 

If your priority is building wealth sustainably and positioning yourself for long-term financial independence, I’d strongly recommend considering properties like duplexes, triplexes, or even quadplexes.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

•Would the $70K+ cash from flipping significantly impact your financial situation right now?

I'm also an IU grad and hit financial independence last year (after 18 years of investing and saving).

To assist us, we refined our pitch deck and performed some scenario analysis with our financial models.

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.  

Then I realized having 2 paid off rentals was the dumbest thing I could do financially. lol.

Highlight efforts to minimize displacement, such as offering lease renewals or supporting affordable housing initiatives, and share data to clarify financial realities.

Prioritize your financial stability.