Find out what the seller has invested in the property if you can.

In this case S8 is probably not a good option.If you are convinced you can find a great family that will take care of your property, then either option is fine for you. 

Best Practices for Finding a PartnerWhat are the most effective ways to find a solid investment partner?

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How did you find this deal and how did you negotiate it?

Learn the basics of what a good deal looks like and how to find them.

Just trying to find out more and better ways of doing everything and moving my Real estate game up. 

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

The other hurdle is to find a contractor, that is something that you can do as well.

Depending on the rents and condition of the property, you could find a value or at least a price that would cause it to sell.