Our thought is we would write 2 yrs into the contract and then repeat.

In sum, about $400K equity could be taken out from the refi, reducing the current interest rates ranging from 4% to 4.8% to the new 3.5% for 30 yrs fixed.

It’s in bad shape because she moved out over 11 yrs ago to live with my mother and other family left it unattended and well we know how it goes w vacant homes so that’s that.

So I can’t find a simple answer as it’s only one piece of puzzle- as supply and demand have huge impacts.Anyway, the good news is if you are really holding for 10-30 yrs, you don’t have to worry about this (too much). 

Return: 18.4% in 5 yrs- Cap Rate: 7.3%Now again these numbers are on complete purchase price, so I'm assuming I can't get this lower.

We ended up choosing a smaller outfit that had a bad event about 3 yrs ago you can find here.  

We had nightly rental cabins in Branson, MO for 10 yrs.

@Brandon Carrillo one thing to consider with the sell option is that the IRS allows for a capital gains exemption if you’ve lived in the home as your primary for at least 2 of the past 5 yrs.

My background is a former Broker/Owner of a small brokerage and full-time investor for 20 yrs.

@Kiran Vemula I just did the same, sold a luxury condo that I used as a primary for 2 of the past 5 yrs, and rented for the last 3.