Unless you can find a property with a garage apartment or separate mother-in-law suite, I would go with "happy wife, happy life" and skip that idea.  4. 

Hi allI have been a plus member for about 3 years, this website is a great source of information , I hope this time , it will help me personally.This is my story:I am 56 years old, I have lived in NJ all my immigrant life, I will retire from my Government job on 06/01/19, Because We want a life change, We will move to Union Co N.C., We are planning to move by 07/01/2019.

@Lucas MilburnIndividuals with self directed Individual Retirenent Funds allows individuals to invest those funds in numerous investments tools with one being real estate.  

Tenant essentially pays for the mortage.Con's for Cash-Out-Refi: $6000 closing costs, reduced cash-flowCon's for PMI: Stuck for the life of the property.

Rationally I'm leaning towards giving it back to them just to get them out of my life.  

I had over 300 SFRs the happiest day of my life was when I sold that portfolio so now its only build or rehab for retail or we sell a lot of product to investors as well.

If you have never dealt with people in that place in life you are in for an education.

@Dean SmithThere are professionals that will rent your house and then do the Bnb —your rental is long term a couple years and they do the work and maintenance and you enjoy life.

., a lot of the ones with numerous years of past due taxes are elderly people whose taxes are frozen (disabled, over 65, military, etc). 

Without significant cash for PD and reserve funds you will not likely be successful.To qualify as a investor you must have something to invest...cash or experience.Work hard, adopt a frugal life style and save to invest.