@Anna Markowski a LOT of people (including the older generation) bought one or two rental properties, paid it off over 20/30/40 years, and sold it for a huge profit along with making some money along the way.

Most likely the best course of action would be to rent out a room and try to generate some cash flow.

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The property I am considering to sell is 4 plex, generating approx. $6000/mo.

I haven't found the right way to generate other motivated sellers.

Flips could be a great way to generate income to purchase buy and holds!  

There is even one for Jefferson County.Lead generation is the lifeline of your business - you can go free or paid.

Since I did not have the ability to generate my own leads back then it was a win-win.

My rational is that repairs would not be a big issue and I could get warranty to offset any smaller repairs and so most of the generated rental income could be used towards the monthly payments and property taxes.

My goal is to start generating multiple streams of income.