And best of all, there was already building materials and plumbing was already done.

My broker presented me with an alternative approach of seller-financing which has a very similar outcome - same down payment/option fee, same monthly, no deed.

Hope you find a better deal 😁Would be great to get an update on what kind of deal you ultimately come across as an alternative if you wouldn't mind.

Now, I'm wondering whether it would be "a good deal" to keep my current home and rent it out, or if it would be smarter to sell it.Here are some details on our current home / things to consider:Purchase price: $106kCurrent value (approx): $180kCurrent mortgage: $65k, 10 years left, 15 yr fixed @ 2.875% ($599/m PI)Home is updated/remodeled throughout, with good bones, and some robust materials used (hardwood floors, porcelain tile, etc).

Alternatively, a PM might be a good idea. 

Alternatively, give the tenant access, but explain that as it wasn't part of the original lease and there are increased costs (water, electricity and the machines), if they want to use it, there will be a small increase in the rent (assuming they are month to month) or a monthly fee if they are on a lease.

What do you suggest as an alternative -- cold calling? 

Alternatively you could consider investing passively.

Whether you have the cash to finance these projects yourself or you find a hard-money lender to help you with the costs, we have a new alternative that's not only better than cash or cheaper than hard money, it enables you to do multiple projects at one time for the same amount of cash or less.

A couple of points increase in the interest rate is a material enough change in the economics to make many opportunities no longer viable to us.