"Value add multifamily" is a cute term, but it will be an absolute bear of a project that will evaporate cash if you don't know what you are doing...and perhaps even if you do know what you are doing.

I have run numbers for LTRs on a set of duplexes that seem to cash flow well.

Purchase price: $178,000 Cash invested: $10,000 primary home own use has an Airbnb/ short term rental 5 months out the year/sometime this year will try BRRRR

@Matt Tortora For cash flow? 

This implies my cash flow will improve quickly and over a long hold is likely to have better cash flow than the low RE cost market that had better initial cash flow.  

Are you cash flowing the property?

Would it make more sense to move the money we make from selling to a different property that could potentially increase our cash flow? 

The appraiser is there to determine fair cash value.

Louisville is fantastic for cash flow and is a safe place to start since we don't typically get caught up in the roller coaster effect of steep appreciation followed by sudden pull backs when the market isn't red hot.  

Personally, I would hang on to the cash.