I was going to run an STR in the home and he would enjoy a higher rent than from a regular LTR rental AND he would have the property managed too.All was going beautifully.

I had them installed during the remodel up there.The first floor where my wife and I currently occupy is also recently updated with a new kitchen, all new appliances and is also a 2 bedroom with a fully finished basement.

My wife and I have lived in this area for many years, we're both realtors here as well as own and operate a property management company with several cabins.

If you wanted the REP designation in the future, you can have your signficant other qualify and that would allow you to qualify (e.g. a stay at home wife) or you can take a consulting role resulting in the real estate being your full time gig.

Use cash flow to pay personal bills (wife is pregnant and I want a safety net).Mid term: 4-10 residential properties over the next 3-5 years as capital allows.

Guests opened the red wine and spilt it all over the beautiful counter tops. 

I’m moving out of the house soon and will be living rent-free with my wife at my parents' place in the Bay Area due to some recent life changes.Here’s a breakdown of my situation:Location: Sacramento, CA (4 bed, 2 bath, recently renovated)Current mortgage payment: $3,940/month (including escrow)Mortgage balance: $475,000Current home value: $515,000 - $535,000 (based on comps)Rental estimate: Property management companies are quoting $2,600/month (with fridge/washer/dryer included), but some websites suggest it could go for up to $3,000/month.Planned budget:$540/month for capital expenditures and maintenance$100/month for lawn careTenant to cover utilities (gas, electricity, water)7.5% vacancy rateWe bought the house thinking it would be our forever home, but with our current situation, I’m trying to figure out the best long-term plan.

I currently house hack and some wouldn't call where we live "nice" but I found it great for my wife and me.

Like you, my wife and I were trying to figure this out about a year and half ago.

But yes, my wife and I plan on investing a du/triplex and living in one unit as a primary residence.