The house is a 3-bedroom, 1-bathroom, 1,300 square foot home currently undergoing a full renovation (interior).

Huntsville is overbuilt  Get in touch with local agents who are experienced.Keep learning and growing.Thanks!

You can rent that out as well on months your not there and ultimately refinance down the road to pull cash out and transition into a full time LTR or short term rental VRBO to make more money.

There was a reason they were foreclosed and what makes you think they would magically become full paying tenants?

Not where it needs to be to get full price at the moment.

(I'm a full-time real estate agent and my husband is a W2 employee).Our two kids will graduate from college in May 2025, and we will have about $290K in parent loans for them that we would like to pay off.

But you also are required to use the services of a 3rd party called the qualified intermediary that he refers to. 

I currently own a couple multi-family properties that are all LTRs and work a full time 6-figure job, so becoming an RE pro is almost impossible.

I've had some section 8 but don't base a full on strategy around it.

Easy way to figure out basic land comps for MF and townhouse is to simply call around to experienced RE agents and ask them what developers are paying per door for raw dirt..Like 10k a door or 20k a door etc.. each area has its number and its easy to find.then when looking at the dirt simply check the zoning and see what density is allowed back that off a tad because its rare that you maximize density on a project then run the numbers..