I got a new job out of state and the property has appreciated to 350k and we are looking to sell and move.

If you decide to move to self management, you have to start over.

For example, if your goal is to have steady income coming in, you could also explore the idea of simply renting out the single family home while you move into one of the units in your 2-family property (if you can). 

We did it for two years before moving into the main house.The best part is you can still do refinances since it is technically owner occupied.

I could add another bed and then move out into a cheaper apartment and rent out as a 2/1 short term rental.

Take the precautions and move on.

Job growth is essential for a real estate market because it shows the areas that people are moving into, and out of, i.e., where the money is moving to.

I would explain to the client the work that’s being done & ask them how they would like to operate because you have to do the upgrade. let them decide how they’ll move. 

@Brian Dvorak you may want to look into Dodd-Frank law about nonQualified Mortgages, which this land contract would be considered.You should hire a Michigan attorney to create the land contract and advise you about Dodd-Frank potential liabilities.You don't need to move the deed to your name. 

Take a look at Reno, it's is a solid area for rentals because of the limited new construction, tech and manufacturing jobs moving to the area (Tesla, Apple, Switch etc.) along with the lithium loop of mining and recycling to manufacturing batteries and vehicles.