If selling puts you in a better position to move forward confidently, it might be the right call.

If structured well, this strategy will position you for rapid expansion.

The seller is already in first position and in a perfect world I'm not refinancing out of those terms, and I'm not giving up equity to a money partner. 

I’d love to hear any advice or personal experiences from others who have been in a similar position.

@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!

You can’t really “lowball” rent offers so I’ll posit the advertisement matches up with the actual lease terms.

In today's world you need to be about 28-35% down on properties to be gross cash flow positive, closer to 40-42% to be truly net cash flow positive(i.e 50% of your income goes to maintaining the property, other 50% is actually profit).My recommendation is to buy ideally a 4/3 SFR that's a starter-friendly one in a good area, and rent it out by the room.

Just do a quick google search and skip all the obviously fake reviews that say the exact same key words and phrases.

It seems potentially possibly to get a property for 150k that can rent for $1500 a month but this is just from reviewing listings without seeing anything in person.

Post your syndication due diligence checklist and ask for a review.