Time to get over the PTSD of a once in a generation market crash. 

This is extremely common here because there is almost never a Will involved, and typically, there are two or more generations of potential heirs to run down and deal with.

Also, the $250k price was chosen so that the property would generate cash flow for the wife based on $2k rent/mo. 

Legitimate self-employment activity or active business that generates "earned" income and absence of full time employees - that is how someone can qualify for a Solo 401k plan, you don't have to have an entity. 

Frankly, if you're not willing to fully flesh out the automation of STR tenants and tussle with AirBNB, VRBO, etc. policies (or worse, use those platforms as lead generation and have your own STR booking system), make your exit strategy to be a small local portfolio that won't expand for passive income or simply get an attractive portfolio enough to sell to a big corp like Sonder (who has bought small businesses before).

You have a great way to generate income with this business.

We agreed on a price, traditional financing could be a problem ( or so I think it would be being a single unit but generates good revenue & has value going forward but banks may be requiring 25 - 30 % down )My question is...

SFH generates $1100/mo in profit.

Perhaps a flip to generate some cash.

We’re looking for a few real estate agents in Atlanta to fill a couple openings, so if you’re an agent I’d love to talk with you to see if you’d be a fit to start working with the investor leads generated by Biggerpockets.I was an agent in the program in Nashville for a little over a year, received over 350 leads which resulted in over $200k in commissions.