First off, I am in KY, which I think is currently tied in 2nd place for lowest cost of living in the country, so my expenses are very low, for example compared to North Dakota.

Comps in the area are much higher with comparable homes selling around $450k with same square footage.

3 - If you sold, and had $80k to work with, and used it as 20% DP's on similar properties (that would be 2 properties), how much cash flow would you be getting...compared to above?

Make sure you know what comparable properties are selling for, and what renovations are necessary to get top dollar.

@Even Pickvet-Hall No last year tax return should have higher and YTD should be higher in gross compare to last year comparing with your w2 income.

The reason being they know the project and willing to work with you with better interest rate and lower down payment compare to online lenders for condotel.

I think it's about the most space efficient you can get, plus there are likely energy efficiency benefits(or at least utility cost improvements) compared to your current set up.

Since I am a numbers person, I like to look to be able to compare scenarios to help build my strategy, but I have found it difficult (even hired a wealth strategy consultant) and have not been able to find anyone to give me such examples and scenerios.

In the owner finance, you take a fat down payment, so I guess more money upfront in that scenario, but is it more lucrative in the long run compared to rent to own?

This is only a 12 unit building so nothing compared to your 210 units.