I'm thinking of selling my personal residence on a wrap, but I wanted to see what you thought about these approximate numbers (rounded for simplicity):$140k sales price$30k down payment from buyer$95k owed on my existing mortgage @ 4.875%$550 P&I monthly payment ($650 w/ taxes and insurance)Seller finance the $110k left w/ a wrap w/ a 3 year balloon.

I'd like to know your thoughts/advice on how to compare long-term and mid-term rentals.

Also know that building a home seldom goes as expected - I have relatives that just built a nicer house… they thought it would take 9 months… it literally took 18-24 months between delays in permitting and the builder just not being able to get it done in a timely manner - often due to sub-contractor issues.  

Thoughts?   

And or thought people were taking advantage.

I am leaning towards holding onto the home, but would love to get everyone's thoughts!

I am currently located in The Bay Area, California and I am little nervous about  investing out of state but I thought I would give other cheaper markets a shot other than my backyard which is expensive.

That probably in most cases for me, will result in a delay between the time you call and the time we can prepare that document, get it to you to review and sign, and then schedule a showing. 

Quote from @Eli Edwards: @Brian Bohrer I can't believe I never even thought about calling the we buy houses signs.... that's a great idea.

Rent out our current house (likely $5k/month) and rent a home in Seattle (around $5k/month).Right now, I’m leaning towards option 2, but I’d love to hear your thoughts or suggestions!