I have a feeling the seller was aware they were not renewing and decided to sell at that time.

He is good with receiving 10% on his money paid out when I sell the house.

I also considered maybe I could sell the home but I just purchased it a year ago and have minimal equity.Let me know if there is other key information that will help inform your responses.

(I brought all this to the seller) he now has offered a sell price of $175k.

Hypothetically, I could sell all my rentals and put the equity into something different, such as an RV Park/storage, self-storage, mulit-family, mid-term rentals . . .Bottom line, I would love any advice anyone has to offer. 

Why not just outright sell and reinvest your money --- in whatever asset?

Are you going to refinance, or sell the home?

Tracking this info is something you don’t have to outsourcing and will go a long way in making sure you buy and sell right. 

If you sell for $200k, then you need to buy as much as $200k and at least as much cash you get from the deal (I think i got the latter half right).  

These are generally 12-24 month interest only loans that borrowers will generally pay back by selling or flipping to long term financing like DSCR loans.More on DSCR loans:DSCR loans won't use your income to underwrite the loan.