I'm currently renovating a 3-unit property in Downtown Orlando.

I'm wondering if I should consider a rent-to-own strategy, or maybe an owner finance strategy for my post-renovation properties.

purchased and renovated property but now would like cash out.  

For example, I like my total project (purchase and renovation costs) to be around 100K or less, usually.

I would plan on putting $400 away a month for cap ex and repairs to start, but it's pretty newly renovated so I expect that will build to a healthy cushion early and I could back off the repair budget (still doing a few hundred for cap ex) after 6 months.

I'm only getting my purchase price out so I'm stuck at 60% LTV as the appreciation from the renovation added a lot of value. 

Hi Bill, I am a house renovator from Austin, Texas.  

If it's not a good neighborhood, and isn't seeing any type of renovation going on, I'd just sell it.

I did all the renovations myself and now it is on the market.

The two that are deemed unlivable, should I renovate them and use them to rent to own?