I got the property off-market for $250k from a trusted family friend.

That said, if you have the option to invest in a better cash-flowing deal elsewhere, it's worth running the numbers to compare returns.

For multifamily, target markets with strong rental demand, value-add opportunities, and creative financing options like seller financing or private capital.

I haven’t seen many value-add products, but there are solid options on the DSCR side.

PM_1 said his other friend broker can list for sale but not himself which i am not sure a good idea. 7.

I promise you will have options once you finish renovating.If you purchased correctly (location & purchase price), you will have enough equity so that you can either sell it for tax free capital gains, cash out refinance (if mortgage rates are lower), or pull a HELOC to acquire your next property!

My friend and her adult son have lived in a SFH together for about 20 years. 

So brainstorm the different options then pull the trigger!

I’m an ex realtor who also has some experience working for a private equity group for a short time before I got a really good gig in a completely unrelated industry that will allow me to have options when investing.

One option I'm pretty familiar with is land conservation easement/fee simple - though this is more of a strategy to help with all AGI rather than strictly capital gains.