I’m originally from Texas but now call Colorado home.

Originally posted by @Ricardo P.

If the original tenant wants to claim their belongings, they must pay any unpaid rent, plus the cost of moving and storage, then I will give them access to pick up their belongings.

Unless you are unknowledgable, my bet is you could make more from rent than sale, and still have the benefits of owning the original home while you go do something else.The 25K you have left in property will be netting you(gross) of $350 mo or 4200 per year.

Calling a FSBO wasn't the original question - it was "text blasting".I cited some very solid sources above that are worth reading. 

Then you 2 would agree on how you would split the profits once the property is generating cash flow and the original equity is returned.

Let's use that as an example. 20% down is $43,000 plus lender loan origination fees, closing costs etc is going to push you over $50,000 cash out of pocket.

Originally posted by Account Closed:Robert Lindsley That's the exact issue.

I'm originally from Florida and jumped into real estate after burning all the boats. 

I originally used liquidity from a refi, HELOC, and a personal LOC to make the purchase and then refi'd that money out after closing.