You believe the most important factor is their ability to maximize the sales price but that seems simplistic.

All the barn wood you see was from the original leinenkugels factory which is quite cool, we still have a ton left.

If the roof system is factory built trusses, you likely could remove the interior walls as trusses are usually designed to only require support on the exterior walls.

@Whitney Hutten You make some very interesting and unexpected points.At this point I'm intimidated by non traditional financing but I do plan to learn a lot more before I make my next purchase.I've been thinking quite a bit about partnering with more experienced investors as it seems like a great way to gain mentorship as well as to maximize the success of the investment.At this early stage my portfolio is fragile and I can't afford to make big dumb mistakes.At the very least I do not want to make another RE purchase until I'm feeling really solid on my network and education, not to mention the recovery of the economy.The question of whether to sell or hold has tormented me for years.There is one other factor I neglected to mention in my OP that made me decide to hold the property, for at least a year or two longer:This home is within throwing distance of a major city overhaul project that is drastically improving the area immediately surrounding it.It's been transforming a creepy downtown area that previously you would not want to walk at night (or even the daytime) into a bustling mixed use community.The project has been going on for years and right now is finally in progress in the blocks visible from my house.Also the house has easy freeway access, and is positioned within 10 minutes of an extremely expensive beach area.

One key factor is understanding future appreciation, and your appetite for that risk.

They had talked about a battery factory at one time too, so maybe that will be an add on.

Those large corporate additions have added to the inventory at a time when demand has softened.Something of a perfect storm.Another factor is also that home prices have not fallen significantly from their highs last year.  

Just figured out it is the Tesla Giga factory. 

The other factor is can you do better with the $60k?

With Tesla's giga-factory coming to town I highly doubt the Austin market will be slowing down. 5 years from now you'll wish you did.