If this property is hard to rent, or is functionally obsolescent (only 1 bathroom, no yard, etc), or has deferred maintenance that will be costly, or is in a location that is not appealing to Tenants, then maybe a sale would be a good option in favor of a property that has better Tenant appeal, which will likely increase rent and avoid long vacancies in between Tenants.An option to consider....

build to rent is great. they are an intermediary that help investors contract direct with turn key new build. they are pretty sophisticated we have sold a house so far and we are looking to sell other multifamily with them. there is a vetting process and as an intermediary they don't control construction they help vet builders and establish relationships. they have a big team. the other builder I've never heard of but unless you can see your house I wouldn't touch it. rent to retirement has a strict policy of 90 days until certificate of occupancy until they will send a deal out they are good at what they do and I'd recommend them. they have options all over the country and established relationships.

Plus, many of the properties here are older and not exactly cheap.My other option is Tucson, AZ, where I’m originally from.

Based on your experience, would you agree with that claim?

Rochester NY has a plethora of options under 250k.  

Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.

I have been looking at properties and it seemed like the seller s  based their price on zero percent cash flow for the buyer.

What are your next deal options?

In the past 10 years, Ocala has greatly improved the employment base, adding tons of logistics and distribution jobs on top of the medical, service and equestrian jobs that we have always had. 

Being based in Austin, you’re in one of the most dynamic markets out there, which gives you a fantastic foundation to build on!