I manage my own properties as do my clients; with the electronic resources for screening, rent collection, more - the ROI is greatly improved and you retain control of the property.Hope this helps.

In that case, would the renting process be a bridge to help you retain the home for future personal use? 

Frame out the wall and use plywood for the siding. 

From what I read in the Wall Street Journal, there's a growing demand in those areas.If you're on the lookout for a reputable financial advisor, I know someone here in Scottsdale who's helped new inverstors navigate the financial maze.

While rates for the new loan will be higher, keeping your existing loan intact on the remaining balance preserves that low-cost debt.Use the equity to purchase properties in higher cash-flow markets while retaining ownership of your Bend property.1031 Exchange:If you do sell, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into like-kind properties.

Would love to hear your thoughts on this.https://finance.yahoo.com/news/blocked-wall-street-homebuyer...

This has pluses and minuses.If your property is bulletproof such as no framing - cinder block construction, cement floors, gloss white paint slapped on the walls and a cheap window mount AC, then you are in a prime position to make money with S8. 

  - Does he want to retain some owner ship? 

There is a significant crack in an outside wall of the foundation that I still need to have someone evaluate.

And via the clustering we are utilizing green-space in a communal manner thus reducing foot-print of that BUT retaining such perception as each unit has walkout to what seems a BIG green space.