I was seriously considering this one too.

Focus on market research by exploring neighborhood rent trends and property values while considering your financing strategy (house hacking, BRRRR, or buy and hold).

Quote from @Micah Huffman: I am considering relocating to Nashville for a job promotion that would be a 20% increase in pay possibly more.

For kitchen and bathroom remodels, consider contractors who specialize in those areas as they’re often more efficient.

For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.

Being a NYC resident (originally from Long Island), the price of entry in the area is on the higher end, so I've been considering some options in the NY Capitol region, as well as NJ and CT.

As for offering subject-to financing, this is something that can be advertised under 'seller financing' in our local MLS, and there's investors that search specifically for listings with that marked, so that should introduce your property to a new set of buyers that may not have considered it before.

If you're interested in still taking cash out of the rental to put toward the down payment, you may consider a HELOC then. 

Additionally, if your goal is to maximize personal financial benefits, consider profit distributions from the property-owning LLC, which may provide tax flexibility depending on your situation.By adhering to FMV, maintaining proper documentation, and structuring the lease agreement carefully, you can optimize tax benefits while staying compliant.This post does not create a CPA-Client relationship.

@Susana Alcorta, Howdy, you have a lot to consider, let me give you one man's opinion.Let's tackle the selling the home or not in Pflugerville.  1.