But if anyone has had this happen, please let me know how you handled:- Am selling a property that I bought in 2009.

The house is paid off free and clear, but we have no intention of selling it; we want to keep it in the family and turn the lot into a vacation home, Airbnb, or even a rental.

For several reasons, if they work today with current financing terms, they will work for years (as long as you don't panic sell!) 

A couple of facts: a) Not planning to sell it anytime before 5 or 10 yearsb) Planning to refinance it next year or so, after the renovations are overc) Planning to use the unit with backyard as short term rental- General contractor gave me a very high number.

How and when might you want to step back or sell?

Think about if you want to keep the property for a long time, sell it after renovations, or put it to other uses.Note that careful planning, thoroughness, and flexibility are necessary for profitable real estate investing.

That doesn't mean they will sell though.

Our team has been signing more higher-end ($150k-$225k) manufactured/mobile homes to sell in the Phoenix area.

I have a mortgage on that property.In about 6 months, a family member is going to sell me their house for an extremely reasonable price.

First I thought I could buy a NPN, convince the owner to sell and I would approve a short sale, thus everyone wins.