If he owes a decent amount on the property, wouldnt the conventional route make him lose whatever interest rate he has?

I admire them for their moxie in starting a company, but the fact is that investors who buy from them sight unseen are taking a massive, massive risk.  

Removing the carport will cause property to lose value tooFinancing an ADU can also be expensive and tougher to find.

The Chicago Association of Realtors'® specifically state "When you become a Dual Agent, you owe equal fiduciary duties at that point to both parties in the transaction, and you lose the ability to negotiate for, strategize and advise either one."

@Ella Marie the Pro's are you can build long term wealth, the Cons are you can lose money if you cannot properly quantify risk.

Even if they could save 5-10% on that $800 bid, which is $40-$80, if it took more than 1-2 hours they'd be losing money doing it because their time is worth at least $40/hour.In our opinion, it really depends on the level of urgency and the size of the bid.The more urgency, like no hot water, the less time the PMC has to get multiple bids.The bigger the bid, the more likely it is an owner should expect multiple bids.An owner has to be realistic, understand and accept these limitations. 

I'd sell because you are reaching the time when you lose the cap gains exemption and that $24K would take over 2 years of renting to get back.I had a condo that I owned for a long time and I sold it despite it being paid off and having long term tenants. 

Normally, companies keep changing their name after losing all investor’s money.

Just try to sell it to someone else for anything so you don't lose all of your money.

Reason I ask is in note investing it is actually usually pretty difficult to lose money consistently, thus the questions.