This is a only a short term hold for 18 months and sell because of the structure.

Less Competition - High-interest rates and market uncertainty may deter some flippers, reducing competition for distressed propertiesMarket Demand - In some areas, there remains strong demand for renovated, move-in-ready homes.Price Negotiation - Sellers of distressed properties may be more willing to negotiate in a high-interest rate environment.Cons:High Carrying Costs - High-interest rates increase the cost of borrowing, which raises your holding costs (interest payments, taxes, insurance, utilities).Market Volatility - Real estate markets can be unpredictable, and high-interest rates may lead to slower home sales and declining prices in some areas.Renovation Risks - Unexpected renovation costs and delays are common risks in any market, and high-interest rates exacerbate the financial impact of these issues.Financing Challenges - Securing financing for both the purchase and renovation can be more difficult and expensive in a high-interest rate environment.Mitigation Strategies:Thorough Market ResearchAccurate BudgetingEfficient Project ManagementFlexible FinancingExit StrategyFixing and flipping properties in today's market can still be profitable if approached with caution and thorough preparation.

Buy & hold for sure, STR works well, flipping if you live in Milwaukee - it's too hard remote.

Investment Info:Large multi-family (5+ units) buy & hold investment.

The tank holds the solids to allow them to settle and break down . 

How many successful exits do you have or are your private money deals holds?

Partnerships are like marriages, they're great if the partners are aligned and they hold each other accountable.And please set expectations with your partner.

Hold on to every property, unless you can sell it and invest in something else that produces a better return.I would consider keeping the current house as a rental.

You are in a good spot to hold onto this property.

Easiest thing in the world to stick them with, and it holds well.