Retirement accounts could be a good option depending on the situation.

And depending on how the unit is built, the owner probably pays for water and sewer, maybe even for heat. 

On the lending front, it all depends on what entities are the beneficiaries.

You can own more than one property with your VA benefits so you want to check your total allotment.House hacking with a kid is always just a choice and dependent on the proximity of the other unit and more.

NEVER let it go to Foreclosure (auction) That hits your credit for 7 years and 300 pts and depending what state you live in the bank can come after you for the deficiency.There are many options and way to many to type out here and explain so feel free to call me at 636 685 2990.

Equity Partner BuyoutConsider an equity partner to help fund renovations in exchange for a share of the profits, reducing your risk and investment.STR seems like a solid option, but these alternative strategies give you flexibility depending on how things play out. 

You might still maintain your HYSA, but it could require tax filings depending on the country you move to and U.S.

Depending on the exact location, age, roof construction type, etc, there definitely could be a few things to watch out forAssuming the roof is of a reasonable age, it's still more than possible to cash flow with these properties, even after accounting for recent increases in insurance rates that we've seen.

@John Clark This could take another year depending on how long the foreclosure process takes around here.

If the tenants are in a month to month lease and the landlord prefers it then you don't have to do anything as the lease should renew on a monthly basis, but it really depends upon the existing lease.