It depends on what location you are looking to invest in and what the strategy is

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Can you disclose your specific marketing strategies?

Given the current market conditions my credit situation,and a title cloud that shouldn't be there, I'm exploring various financing strategies to manage this debt effectively.

We could sell the old house and net at least $175-200k (after costs of selling -- this is a hot market) and would put that toward the new mortgage (reducing our monthly payment and interest costs).Alternatively, we can rent it at an amount that covers mortgage, taxes, and insurance, but not much more than that.

Other cash such as down payment or money to fund your escrow / impound accounts (accounts that most lenders require for your property tax and homeowners insurance shouldn't be included in lender fees).

I find new builds to be one of the tougher investments to make work in today's environment with high interest rates, higher insurance rates, HOAs, and that's not even counting the higher property taxes with new builds too. 

Currently it is not cash flowing, and after mortgage/taxes/insurance/maintenance, it is probably losing ~$1,300 per month (eww).

I’d be happy to jump on a quick call to go over your plan and planned budget to see if you’re on track or if there’s any strategies you may have overlooked.

If my strategy is to have their rent pay part of the mortgage and invest in renovation in the unit i'd occupy, does this sound like a good strategy to raising the value?