And IMHO, the prices are dropping big time (on avg. 10K/month...houses that were above 300K a year ago are not selling at 250K now) and the available rentals saturation is worse than I seen during summer season (with rents dropping from 1$-1.08/sqft to 0.8$/sqft and very little contacts and applications...just go in Zillow and look how many rentals are on the market now in Kyle, New Braunfels or Converse). 

@Zach Howard the winter months are also the worst time to sell a property!

If the numbers make sense, the plan is to approach the seller and attempt to get a lower price for this "2-story" building which has vacancies, since that's what the owner is selling.

I will have another post about it and what's going on but I have reached out to the current owners and awaiting a response they are currently wanting to sell.

Any amount you purchase less than you sell, or any amount of cash you take out is considered to be profit. 

My past clients were in a tough spot and needed to sell asap.

I have a property on the barrier island that I do not want to list on MLS but I am interested in connecting with realtors or investors who typically sell or buy pocket listings and may be interested in this property.

Get a house in a great neighborhood during the summer 2025 and sell my primary in spring 2026.

The Multifamily Mindset also sell a website service called Engager AI to new students as well.

At this point since it's after the fact while not totally correct; you may explore adding the missed asset/basis amount as a selling cost to just reduce your gain.