You are likely thinking of BRRRR just to get an asset in the box, but your scale with high rates and low inventory might still point to selling to the buyers who are still hungry and renting.

It’s safer, and honestly you aren’t spending it, you’re moving it from one asset class to another.

It seems like your ROI is basically the same in each option, but you are taking on a much bigger project to convert a single family to a four-family.So basic calculations, since we don't have a full financial picture, i.e. what does financing of each look like?  

I've been finishing up my Financial Planning degree at the University of Alabama.

I don't have the time or the financial means at the moment for that.

Long story short, I am in a bad financial condition as of recently.

You can sell on financial method because there is such short demand there is all but no comp's to use for comp method, and if selling as turn-key, yup, financial method will be your friend for sure. 

Real estate is a pretty efficient asset class.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Prices go down, causing financial pain for the gentry.