Alternatively, if your headache is entirely just from having to think about the property, maybe it would be better to pocket the potential $350k profit from the sale and move on.

It is possible for people to self-manage these remotely but unless you've already managed a short-term rental, there could be a steep learning curve.

However, anything is possible if the price is right and the numbers work.

A quick answer to your question: you're mostly (not entirely) going to be limited to Richmond city limits if you want to buy a true multifamily property (duplex, triplex, etc).

You put out the best product possible within your means, provide the best, most consistent service you can, and constantly iterate along the way. 

Trying to keep our costs down as much as possible. 

Focus on continuing to pay down debt where possible.

Sometimes waiting causes you to miss out entirely. 

[Insert bit of personalization about who I am, my family, and build trust, essentially humanizing the note].I understand that selling a property can be a significant decision, and may not be one you are considering, but if you are, I want to assure you that I approach this with respect and am eager to explore the possibility of finding something agreeable for the both of us.Here are a few reasons why seller financing (you not the bank) could be beneficial for you:- Steady Income: Seller financing offers you a reliable source of income, providing monthly payments without the hassle of managing the property directly.- Flexible Terms: We can discuss flexible payments that suit your needs, allowing you to customize the agreement according to your preferences.- Avoiding Hefty Tax Burdens: By spreading out the sale over time, you may mitigate the impact of capital gains taxes, making seller financing a tax-efficient option.- Legacy Planning: If you're concerned about leaving a lump sum to your heirs, seller financing allows you to pass on your wealth gradually, ensuring financial stability for your loved ones.- Minimal Hassle: Seller financing eliminates the need for bank involvement, reducing paperwork and streamlining the sales process.- Assured Sale: Choosing seller financing may attract a broader pool of potential buyers, beyond myself, increasing the likelihood of a successful sale.I believe that by working together, we can find a solution that benefits both of us.

This will be my first 'real' investment (after accidentally got into RE investments previously) so I'm hoping to keep the risk level lower if possible.