Additionally, we have equity of approximately $145,000.Now, we are faced with a dilemma: should we sell our current property and purchase in a more favorable neighborhood, or should we rent the house and let it pay for itself.We would greatly appreciate any advice you may have.

However what happens when the tenant vacates and now the unit has to be turned over/takes a few months to find a new tenant and during that same period of time the sewer line goes and you get hit with that $15,000 cap ex expense in addition to the vacancy and turn over costs.

Kids are out of the houseand college is covered.

The 50% is rather deep a cut, especially with all the additional operational expenses not included into that 50%.

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

Additionally, lenders may require a release price (a specific amount to pay down the loan) for each property sold, which can complicate the strategy.It’s worth discussing these details with a trusted lender or mortgage broker to ensure the plan aligns with the loan’s terms.

I find single ADUs are mostly being added by people with minimal RE investment experience often without a clue as to the value that will be added by the adu addition.  

Additionally, they may have in their contract that if the property is sold that their company will broker the sale through their own brokerage company.Lease Option Partnership Benefits- The property is purchased at a discount which creates instant equity at the start of the investment.

Ask whether or not the insurer is licensed as a foreign or non-United States (alien) insurer and for additional information about the insurer.

The unobstructed water views for both front STR units can be challenging to determine additional value compared to other 3-unit properties without views.