Potential for ~7.5% cap rateCons:1.

It is important to factor in all the benefits of house hacking into your calculations, i.e. amortization, appreciation, income, & potential rent avoidance.

I'm trying to decide the smart investment decision - continue renting it out at a lower rental rate OR selling it and trying to find a potentially better performing asset to re-invest those funds in.  

Some potential liabilities can not be limited by use of remote entities.  

Start small with a multifamily property in areas showing job growth, population increases, or redevelopment potential.

Here are some insights based on your scenario:Refinance Timing: Given that rates have been dropping and you're considering a potential refinance for next year, holding off on refinancing until then makes sense if you're not planning another project soon.

If you're interested in new construction investments, share your experiences, and let's explore potential opportunities together!

It seems like it basically up to you to do the math on how much more you will potentially make selling each unit individually and then deciding if that extra $$$ is worth the number of extra hours you will spend.

It offers excellent potential for investors due to the multiple exit strategies available.

The rent in the area is great too—$3,500–$4,000/month gives you good cash flow potential if you decide to hold it.As for whether to flip or BRRRR, here’s what I’d consider:Flip: If you sell after the rehab, you’ll walk away with a significant profit.