We're open to other strategies, but believe that sounds the most ideal so far. 

If I were in your shoes, I’d look at the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) to stretch your liquidity while building equity and cash flow.

Quote from @Michael Ewers: Hey y'all, Wondering what is the best marketing strategy for obtaining off market leads?

I’d love to hear your thoughts on strategies to achieve breakeven or positive cash flow in the long term.

Do you want your son to bet the financial outcome of his 20s on this seller's ability to make good choices? 

I'm just not seeing any strategy that can offset to any significant degree, the depreciating nature of either asset.  

It is a complimentary strategy to pull some of your money back out and hedge your bet.

Haha I bet there's been some crazy stuff out there but the one's I'll put up will definitely of better quality and insulated.

I've done a lot of wraps and subtos and highly prefer the seller-finance strategy for a lot of reasons, including offering the opportunity of homeownership to those otherwise rejected by traditional banks.

I understand that at my age, focusing on properties with strong equity growth potential (even if cash flow isn't immediate) is a solid strategy.