Fishtown and Point Breeze are strong options but can be pricey.

Consider lease optioning the “now keeper” and walking the created debt forward if you lease option buyer can cash you out. 

Congrats on having an option. 

We're focused on high ROI coastal STR's and multi family.

And countless other options.

Seller was not willing to extend contract or accept creative financing options.

@German Fernandez Love those options!

You could get into a solid multi-unit or a single-family rental with real cash flow instead of hoping your Katy rental eventually fills.Not saying you should walk just yet, but if leasing drags out longer than expected, would you consider selling and reinvesting somewhere with better returns?

In option 2, your costs are $25k higher.

No syndication experience but there are about a dozen quality RV/Mobile home parks on market in Oregon, several with owner carry options that can be passiv-ish with management in place.