The equity potential of course, but mainly I was trying to solve two issues - on one end, the seller was struggling financially and needed to sell her home but investors were aggressively trying to take advantage.

The seller wants to sell it for $50k but has requested to put it down on paper for $5k, so he can pay less tax; the remaining $45k would just be given under the table. 

The equity potential of course, but mainly I was trying to solve two issues - on one end, the seller was struggling financially and needed to sell her home but investors were aggressively trying to take advantage.

Potentially developing short term rentals or selling plots of land from this property. 

Do I need to focus on selling mine first or simultaneous look for the next investment?

Would it be wise to sell this rental property right now?

The flood insurance is offset by $600 yearly taxes, but I am having a hell of a time trying to sell it at $93k.

Preferably the plan would be to pay the heloc off on the back end when we refi out of the construction loan or sell the property later once build is completed.

This can build equity and potentially increase rental income through property appreciation.Another option is to sell one or more properties to free up equity and reduce mortgage debt, which can be useful for reinvesting or diversifying investments.refinancing one or more properties to lower monthly mortgage payments and increase cash flow could also be beneficial, especially if interest rates have decreased.the best course of action depends on the clients financial goals and risk tolerance

If you sell a property and net $100k after closing costs that you owned outright, you have to spend at least $100k on a 1031 exchange purchase to avoid all taxes.