I know there are other financing options, but the question we cannot seem to avoid is whether or not to hold (and rent) or sell the town home.It's tempting to leverage the current equity, move out and rent it - but from what I've read / calculated, it might not be the best return compared to other options.Ideas on how we can get into another home (larger but cheaper) while also (re)starting our REI journey?

If you rent the condo out to others it would be the same thing -- you would need a policy that only covers the interior walls -- it would be an HO6 tenant occupied and depending on the carrier you currently have you would either change the occupancy status or you would need a different policy-- in my experience 9/10 times they require a different policy. 2.State farm does not really ask a lot of questions -- their quoting process is not as in depth as it should be.

You'd likely need some help navigating the short term rental permit process.

Hello all,I am a real estate developer who has for the past 10 year solely focused on develp build and sell assets.

Below are some general comments:From a high level, if a building is built in 1901, its hard to believe nothing needs to be done.Second, if the seller just spent $120k, why did it only sell for $120k?

Let them live in it and pay me a rent for a while, And then, offer to sell it back to them in 5 years at $1,000,000.   

A lot of software companies sell you on the idea to automate everything, or an all-in-one solution.

Buildings selling for example $300,000 which need $150,000 of work but the ARV is only $420,000.

I’m in the process of getting my license and Ive been doing DMs, barely going outside.

We’ve had the bone for a long time and are moving, but don’t want to sell it in a down market.