Low entry and breakeven deals +- some cashflow.

Until then, your typical buyer can't get their loan approved for your cash flowing property because appraisal will come in low. 

@Sean DillonAt 18, you're in a prime position to start building wealth with low expenses and plenty of time to scale.

You could structure the deal with seller financing to bridge the gap.Possible offer structure:-Purchase Price: $170K - closer to actual value-Down Payment: Low or zero down to conserve cash-Interest Rate: 3%-5% - or better yet, 0% if the seller will agree-Monthly Payments: Interest-only or deferred until the sale-Balloon Payment: Full payoff in two years when you sellIf he wants $200K, you can still make an offer of:-$170K purchase price + $30K as a second lien due at closing-Seller carries $170K at a low interest rateHe would feel closer to his number, but you still keep within reasonable investment limits.2.

@Ellis Moyewe really don't know a lot about this situation since there aren't many details in your post... but i don't think this makes any sense for anyone involved here...if it's a flip that's not selling, refinancing may not solve your problem and allow you to pay back the HML in fulland typically a sub to buyer wants a low interest rate... and if you refinance now you won't be getting a low interest rate, you'll just be getting whatever the market offers.and finally.... the vast majority of loans are NOT assumable. 

Super low vacancy rates in SD, even STR's. 

The owner occupant rate is super low compared to many states but as a rental it goes up alot.  

It's going to be challenging to find another house hack with as low of a monthly payment as you currently have, given the low interest rate.

Quote from @Michael Calvey: Quote from @Bonnie Low: Following because I'm looking for the same thing.

But on 100 year old homes in low value neighborhoods capex often exceeds cash flow over time.