Your opportunity is also what's difficult, having virtually unlimited options :)  

To Chris' point, you can find lower options if you handle some of the management responsibilities.

Good bad idea before I depart - have you considered an owner occupied option?

If you want to keep your options open to access more deals, it’s worth having an honest conversation with the agent about your concerns.

The last month I have been exploring house hacking options as an easy option.

The other thing to note is most times Pref equity is pretty save assuming a 10-20% market correction but in 2021-2023 we saw a 30% correction meaning pref equity in deal specific deals were underwater without any options.

However, as Zane mentioned in his response, another option is to consult with a lawyer who specializes in appealing property taxes.

And you are continuing to invest in real estate a 1031 is a good option to explore. 

I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options

After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).