If you sell, maybe you can offer seller financing for those who are unable to get traditional financing. Or you could also offer rent-to-own conditions.
Not ideal, and certainly risky I admit.
I ran some numbers that involved you re-leveraging the property and using it as a rental. Assuming you invested the leverage into cash flow out of state properties, I had about a $1000/mo. cash flow. It’s difficult to calculate the rate of return because the money you invest in is so low, resulting in rates of returns of 100%.
Still, you may not want to invest in more real estate anyways…
