You will likely be in the high 7's or 8's right now but my heloc went up several points in a short time and that could happen again. 

Feel free to touch base with Ian or myself and happy to assist some of your clients in finding investment properties.

With my current short term flip loan, I've already worked out a extra 30 day extension if I have to. 

It's free which is nice and does what I need it to.

I agree just to move for purely cash flow reasons doesn't make sense in the short term. 

So, long story short.

consider the opportunity cost of doing this#1) sell house for cash or to a buyer with their own financing from a bank, etc and you get 315K at time zero, you invest that at historic SP500 8.4% return over last 220 yrs and it grows to $3,541,514.46#2) do owner financing and you get 100k up front that invested at 8.4% grows to $1,250,000, plus you get your payments at $1400 x 360 months or $502k, invested grows to $3,265,000 total including the 1.25 mil aboveso you come out 300k better not doing it and you don't have to service the loan and all the other risksremember banks don't even carry mortgage notes after origination, they dump them onto the US taxpayer via illegal-unconstitutional havens like Fannie/Freddie/HUD, and for last 15 yrs the FED has bought every MBS in the country, which frees up the Banks capital to do it again and make the real money on churning the points and feesplus will next 30 yrs have higher inflation than last 30 yrs?

ButI'd really like to know what places you found that allow short-term rental along the beach?

@Claudio Garcia Zuniga, there are so many aspects that I can highlight, but long story short, renting the home will be way less of a hassle than rent-by-the-room; however, your return will not be as significant.

However, multi-family deals seem to be expensive, overdeveloped and in short supply on the MLS.