Unless, like he mentioned, the house is in poor condition and won't qualify for a bank loan that a typical buyer would need. 

It's also a STR so getting these improvements taken care of is really important to me. 

Hello BP fam,  does anybody know of a way to get an SBA loan to purchase rental property without utilizing 51% for business?

But with mixed use your loan options are mostly limited to conventional.

Otherwise you are just getting a juiced return and sitting on too much loan leverage.

Hello BP family,I recently purchased a home with an FHA 203K loan.

If you have too many mortgages (that was me).....you will need to go to a hard money loan in the US. 

You can close in a DSCR loan in your LLC with a similar down payment as conventional. 

Perhaps there's a way for her to convert this house to either her primary residence (For 2 years) or rent it out and use it as an investment property so she can get more creative with the sale of the property to save on some taxes.If this isn't possible she'll want to try to offset some of the gains from the sale with capital losses as well as using any improvements and selling costs to lower her capital gains.

Factor in some tax benefits and loan paydown, I think it is starting to look easier to decide.