In your scenario you'd have a potential tax event on that $200K difference.Here's a creative way to access most of that money tax free however. 

Fortunately, most of the apps today are cloud based and have an app to make that easier. 

The baseball season lasts 6-7 months, and I am given free housing during this time, wherever I am currently assigned to play.

However, after receiving the survey results, I discovered that the house is located less than 1 foot over the sublot line (see attached image).Here are the options I’m considering:Rent the current house for market value (~$1,500–1,600/month) and convert the detached garage into an ADU to rent for ~$1,000/month.Relocate the house to split the lot, then sell the newly created lot (~$100,000) while renting out the existing house.Relocate the house to split the lot and build a new home on the second lot.Demolish the current house and garage, split the lot, and build two new homes.At this time, I am uncertain about the cost of relocating the house.Questions for the community:Has anyone faced a similar situation?

Most agents paying for leads are inexperienced, which is why they need to pay for leads.Look for an agent with a minimum of 15 years of active experience.

This could also force your current tenants to lose their jobs and need to move out and then you’d be in a real bind.

Quote from @Carlos Ptriawan: Considering the current circumstances, what is stopping me if I create brokerage that is offering buyer agent only with flat fee of 5k-10k ?

If the market rents do not cover the mortgage, you may do a no ratio DSCR for a higher rate/reduced LTV  Which most likely the 1007 will be nowhere near the revenue generated by a PadSplit operation.

Most purposes that people on the BP forums are transferring properties to an LLC, would be exempt of the Due On Sale Clause.

I live in Phx but we do most of our investing out of state, so I’m not also the most current on local trends: so find yourself a good local agent to confirm that:- it’s going to be hard to find anything at < $150k / door.