This might be a descent proposition to a family member with resources?

I put some numbers below into this Rent or Sell calculator.https://www.narpm.org/members/resources/rent-vs-sell-calculator/ESTIMATES ON ROI (15 year time frame)at 5% Appreciation would profit $100K if SELL nowat 6% Appreciation would have $3,500K more if KEEP and sell after 15 yearsat 7% Appreciation would profit 122K if KEEP and sell after 15 years(Assuming a conservative 6% ROI on money invested from sale.)NOTE: The property appreciated 10% in the last year so I’m thinking 7% over the next 10-15 is reasonable.DETAILSSale Value: $520,000 (Best guess)Paid: $437,000Original Mortgage: $415,000Mortgage Balance: $380,000Interest: 3.375%Monthly mortgage: $2,899Mortgage Difference: $1064Annual Taxes, Insurance, HOA etc**: $20,345**$13,865 (Non Homestead tax) $4,680 (HOA) $1,800 (Landlord Insurance)Monthly Rental Charge $3,500*Appreciation 7%Years to Hold: 15More assumptions used in ROI Estimates Above90% occupancy,15% capital gains charge6% selling feeRate of return on gains if selling now instead 6%Annual maintenance 1%Annual rent increase 4%$3,500 is slightly aggressive. unlikely I could get more.Thanks in advance for any constructive thoughts and comments!!!!

Seems like you have many options and making moves to get you closer to your goal is where you put your time and resources.  

I recently consulted on a new build 8 units per entrance, so similar mix, and can hopefully offer some insight.

Resources like this website and your contributions are incredibly valuable to guys like me!

I know that myself, as a buyer, if I cannot walk the property then I am either going to pass or offer far less money to account for what it is I may not be able to see.

Saw a $40k price cut and made offer next day for full asking price and asked for $10k towards closing costs.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

There are a lot of wonderful lenders that offer first time buyer grants too!

Hi, I am actively looking and putting offers for my first rental property, I just saw a townhome that I like from the 70's that needs some rehab, and a few blocks from it there is new development offering same type of units (a bit bigger) 10% more expensive with delivery lead times of 6 months.