I've identified a small mixed use building I'd like to purchase.

We just closed a duplex for a VA buyer yesterday and this was the same situation they were in so we had to actually sell their first home to open up the entitlement capabilities to then buy a better property that they will occupy for 2 years, then move to the next project. 

Or you could sell and do a house hack on a duplex to 4 plex.

Scholastica Dr deal through our partner, Jason Arguelles, who identified the opportunity and brought it directly to us.

The problem is these are automated values that don't factor things in like views, condition, or even if one block of homes sells for more or less than another. 

Eventually, once the units have appreciated a bit and the mortgage has been paid down to the point we have 20% equity, we split the parcels into individual town homes and then she refinances her unit out and I refinance the three units out or sell them. 

This can result in a home that’s only superficially ready for market, with long-term durability concerns.To mitigate these risks, potential buyers should:Hire a Professional Inspector: Get a thorough home inspection from a reputable inspector who can identify potential issues.- Check Permits and Codes:Verify that all renovations were done with proper permits and comply with local building codes.- Research the Flipper:Look into the history of the flipper or the company that did the renovations to assess their reputation and track record.Be Skeptical of the Cosmetic: Look beyond the surface-level improvements to understand the true condition of the home.Taking these steps can help ensure that you are making a well-informed decision and investing in a quality home.

Since I live out of state and there are no nearby managing companies, I decided to sell the home.

Make sure you have a backup plan (ie STR rental, remodel the units to build equity in the house and sell, stay longer than 1 year, etc). 

I buy and sell homes and wholesale Lease options .