That is such a big purchase to not have that added bonus.  

But don't equate being kind and generous to letting people get away with not paying or with constantly paying late.

I do not insist that an agent go see any and every property and send video and pictures, etc....I make offers contingent upon inspection, and ask agent to view after the fact, after acceptance, during due diligence with pictures, video, , and protect me and verify numbers.......I even develop relationship and trust that I will relist (flip) with that agent,  and even offer bonus if agent can help verify repairs or does anything above and beyond norm in regards to contractor or rehab.Come time to docusign purchase offer,, an agent in past has been obsessed with sneaking in an agency agreement locking me into and marrying that 1 individual into a large mileage radius in every direction and a many months time frame, for any action taken on my part to his her benefit...this is not fun...it is never fun at all..and very very stressful and distracting...and I hate this...and lose respect, ,and finally it is unnecessary and irrelevant to purchase offer at hand.I tell the agent to make it property specific and it is met with resistance, and delay.I ask agent can we pre-docusign an agency agreement with verbage specific to purchase contract address and still write in the address after the fact that we take action on, so cut out any paper work or excess time to make offers...i want agent to be able to make an offer in a few minutes...and i want to pre fill out any duplicate paperwork.I am looking for an agent who has the courage to allow me make offers through him / her, agency agreement specific to that property, I ask only that it is contingent upon inspection..that agent review it and assist to inspect it...please contact or refer or suggest an agent for Raleigh NC...

I agree with above that you have no equity to sell, and, unless you have a very generous relative that you can live with for a few years while you are waiting to age out of the bankruptcy, you need somewhere to live, so moving to rent another place and renting the place out may not make much sense either.Depending on your life/family situation, have you thought about "house hacking" by getting a roommate (or roommates) to help pay down your mortgage? 

Speed is power and having a broker who stays on top of the market and is ready to pounce at any given time is a big bonus. 

I have made my own exel spreadsheet where I can put in ROI with just the cashflow then I look at ROI with the back end( Interest, depreciation, and principle buy down)  I personally don't include appreciation in my calculations because there's no guarantee on appreciation,  its just a bonus. 

You might well find a future buyer who's all over the rental unit add-on, but won't see it with investor eyes, and won't pay a full $75k extra for the bonus.

Am I being generous enough with my expenses that the low cash flow is acceptable?

I appreciate all the BP members for generously sharing their knowledge and experiences. 

If the numbers work and the sellers are good with you taking it over and the bonus of knowing they won't have a foreclosure and instead they have a property that will help them rebuild their credit, then I would approach the bank and let them know what you're up to and quite often they will be good with it.