It is far more difficult to secure bank financing for modular housing than stick built.

Plus, other routine tasks like transferring loans and providing payoffs were way more difficult with them than it should have been.

When you are done you have a cash-flowing rental and your HELOC balance is back to $0.

It's very difficult to get SFR to cash flow these days with interest rates as high as they are.

However, without more information on what your preferences are, it is difficult to give you good advice.

Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?

In the interim, we have a $4M reserve balance to cover any cash shortfall.

@Jacklyn Robins not trying to be difficult, but how many Class C or D properties do you have besides this one?

We don't cover that area, but know that due to lower population density, finding a great PMC is difficult. 

FinancingADUs are rather difficult to finance historically, but that is getting somewhat easier.