Use the excess cash to buy more real estate Genius Move !!

With challenging market conditions, investors are forced to get creative.

Bummer....I was really excited about that, I guess I will have too get creative.

We manage 100 rentals, mostly STR.Two options to consider. 1) With that low interest rate, it opens up possibilities to net a larger sales price with creative finance strategies like “Wrap” or “Subto.”2) You could sell and reinvest that $200k net into something that yields a stronger rental return, while enjoying the same appreciation over the next 10-20 years for the family legacy.

When you want to expand you can move into fix and flips or creative financing.

If not I would start there, but also look into creative finance.

Honestly I don't want them to sell this apt, it brings in steady cash flow for them.One suggestion - buy the apartment with creative financing from your parents [Let them be the bank].

Closing had some hurdles...but they had a vision for their portfolio (and within reason) were willing to get creative and stayed tenacious when the transaction got challenging. 

It may take a couple years before lenders will give you a mortgage, so try to find ways to partner with parents, use seller financing, or other creative options.1.

I'm just trying to point out that "cash flow" is actually pretty elusive right now on a vanilla long term rental, in ANY market, without some kind of niche or creative strategy.Run the numbers.