Still, I think you'd find it difficult to find one that would be a good long-term investment unless you had another ~20-30 years to go, it's at least cash neutral, and you don't plan to hold it too long (to avoid too much investment loss and before you get to the point where it's unsellable because of too few years left); that's another way of saying that maybe it suits your cash needs in the near-term or is at least less of a pill to swallow than other options until you find something that's more of a sensible long-term play

Yes, I've reached out to our attorney and my stated plan is best option. 

If you plan to sell soon, depreciation recapture could reduce upfront benefits.

The house is offered to the buyer at the ARV price, and we explain how we plan to rehab the property and its worth after repairs (ARV).The end buyer has to make a commitment of at least 10% of the ARV, provide proof of funds, and other documents required to list the property on our website.

congrats on the Naca program I have sold a  handful of my OREO to Naca buyers.. its a great program takes some resolve to go through their initiation process. 

I'm planning to use that money for a downpayment  to buy a multifamily where I would live in one side and rent out the other side. 

I typically do pre-planning with clients coming on board to discuss their specific situation and formulate a plan.The best assets are receiving multiple offers these days and go quick.

For instance, you can open a solo 401k retirement plan and make contributions as an employer and employee.

If you're planning to invest locally, I highly recommend it.

and i know that that there’s risk involved, so ill always be prepared for things not going according to plan. and i think starting small and gaining knowledge and experience over time is key.