That's up to your goals and long term strategy.

Section 8 can be a solid strategy, especially in cities like Detroit where the rent-to-price ratios often make it worth considering.

I thought I would add onto this older post, but I'm curious if anyone has any feedback on Sherman from an MTR or STR Strategy. 

Where I’m Focusing: Ohio (Dayton and Cincinnati) — I already have trusted partners for renovation and construction.Investment Strategies: I’m interested in fix-and-flip and BRRRR.Open to Networking: Real estate agents, investors, contractors, and anyone passionate about real estate.My Goal: To learn from experienced investors, share ideas, and build a scalable real estate business.Looking forward to connecting and learning from this great community! 

It's not simple, sorry.If you have not closed, consider tax mitigation strategies such as a 1031 exchange.

Hi @Charlie Green, I am extremely interested in hearing more about this strategy.

@Collin Hays@Jon Martini agree that tax considerations shouldn't, by themselves, drive business strategy. 

The successful flip generated a quick profit, demonstrating the strength of our market strategies and partnership.

Relatively low cost means you aren’t betting the farm—really just your down payment.

Always keep an eye on interest rates to optimize cash flow and return on equity. if you switch to long term hold investing, you'll want to see if equity stripping is a strategy that works for you.