I personally would sell it.Your return from real estate is two items - Cash Flow + Appreciation.What is the annual rate of appreciation you are getting, approximately?

If you eventually convert the property to your primary residence and later sell it, the taxes would be prorated based on the ratio of time the property was investment property.These items should be addressed and discussed with your tax and legal counsel to ensure that the exchange is the best course of action given the restrictions and requirements. 

There is too much to learn at once. 

With 20 years experience managing my sfr and as a property manager for a broker and a bank, this switch into ABNB has been a learning experience.  

I would not say it is a deal breaker but I would speak with the city/county as well as septic contractors to get an idea of the cost (in dollars and time) and use these items to negotiate/renegotiate with the seller.  

Make sure that you learn who the elected official is in the office. 

@Jacqueline Wright  Every auction is different so the first items to check: do they allow financing if you win the auction? 

If the house has all major components in working order a few cosmetic items doesn't make it not livable.

Tenants should pay for that.My lease considered normal to be a few items hung using 1" nails or smaller.

I am a twenty year plus licenses GC who has built over 100,000,000. in commercial and residential construction in the NY, NJ, PA, CT and CA marketplaces. I have flipped new homes and townhomes but phased out raising a...