I would say sell - every day of the week from a cash-flow perspective.  

Pay cash for the property and the rehab, then do cash out refi. 

The listing shows that it has the potential to cash flow around 5K per month after paying for the loan.

We currently own one door (split acquisition and closing costs and contribute equally to management and ownership), and have split equity and cash flows from the property - also pretty standard in my experience.My question is this - I want to purchase a house hack and would like to use our current business entity for accounting purposes (tracking income / expenses / etc).

There are a lot of pros about the property including that it would be cash flowing approx. $600 per month if I were to move out.I guess my question is how do you know when to take risk and when not to?

Please feel free to reach out directly if you have any other question, or if you would like to talk financing!

Please feel free to DM me or simply call/text at the number in my signature - many thanks!

Instead of the cash flow you see on paper, you’re looking at high vacancy, high maintenance and no cash flow.

@Brenda FreemanI think seller finance can make sense when you can get an at or above market price; you don't need the proceeds; you want the monthly income; and delaying the proceeds will make sense from a tax perspective.If you are saying there's an existing mortgage you would have to pay off yourself, then I don't think that makes any sense - why would you want to invest your own cash to make this work?

These concessions lower the cash needed to close and also lower monthly mortgage payments, which are usually the highest expense for 2-4 unit investors.