The seller had it listed for $25K above market.

I'd sell #1, even if you have to take a loss on your equity.The market does go up over time, but most markets seem to be stagnant right now, so when does that change?   

I'm not sure what market you are in but I'm knowledgeable on Columbus Ohio if you ever want to talk about build to rent. it's not purchasing new builds at full market price, it's building it 25% below market yourself 

Property managers and agents can be really helpful as well as they’ll give you insight into the market and could have some opportunities for you down the road.In the meantime, try researching the areas you're interested in.

Could anyone share advice or insights on the market here?

Here’s why this market is so ripe:1️⃣ Mom-and-Pop Sell-Offs at Huge DiscountsA lot of these properties have been in the same family for decades, but now the kids aren’t interested in taking over the business or the real estate.

End his lease, and find a tenant willing and able to pay market rate.

Identify a market and type of REI I want to invest in. 

The sales and rental market in SWFL is absolutely terrible.

How CIPS Has Helped Me So FarAccess to a Global Network: Through my CIPS connections, I can collaborate with real estate professionals in key markets such as Dubai, Portugal, and the Caribbean, where I see strong investment potential.Understanding Foreign Markets: CIPS training provides insights into market trends, regulations, and transaction structures that differ from domestic deals.Opportunities for Investors & Buyers: Many international buyers are interested in New York and Long Island properties, while U.S. investors are exploring opportunities abroad.