It's not that I have zero cash, just not enough on hand to close the deal on my own.Purchase Price: $275kRehab Cost EST: $130-$150kARV: $550k-575kLake Front house w/dock (a huge incentive on this lake)I have a little over $30k available but don't want to drop much lower but also hate to miss out on this opportunity.  

Then sell the property and start doing fix and flip or fix and rent. ( I prefer to sell this property as it 100km away from my student rentals. ) Not sure if I should renovate the lower unit to sell.

Guaranteed others are fine with a lower elevation, but I do not have water run over my foundation inside.

Banks and credit unions might have lower-cost options, but they'll likely require more equity.

and 5 years is a long window for things to change in ways we don't expect (lower interest rates maybe??).

Exceptional comparative value and lower operating costs. 

So I rented it out via agency I as loosing $300 a month since my mortgage was look the idea was to refinance to get it lower or sale it when market is up.

This allows for deferral of capital gains taxes until December 31, 2026, with potential reductions in the taxable amount if held long-term.

your w2 income tax burden will NOW be lowered. 

Alternatively, keeping the properties offers long-term equity growth but with lower cash flow.Ultimately, weigh your ability to manage future cash flow, your risk tolerance, and your long-term goals.