if you want to buy a vacation house for your family, and you can afford it, and you'll occasionally rent it out - that's great, it's just not an investment. 

The house was flooded to the tune of $70,000 in repairs. 

Quote from @Jimmy Jeter: Need some help to finish our house. 

We would take this house in return for a 500k property that is NNN leased.  

Begin by educating yourself through books like The House Hacking Strategy and podcasts like BiggerPockets, and join online communities for support.

My attorney stated not only must the person who failed to pay taxes be given notice but also the squatter as well since our suit names persons who were in possession of the house. 

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

I believe in putting in the work—1,000 hours of research, testing, and learning—before offering advice, and I’m excited to tap into the collective wisdom of this community to refine my approach.Here’s where my head is at: I’m considering strategies like short-term rentals (Airbnb) for higher cash flow, long-term rentals for steady income, or even creative options like house hacking or partnerships to stretch the funds further.

This is for a house that sits on a small hill in the city so it would need to be someone also familiar with getting the right permits to do so in San Francisco.

Just buying a DG the way most people buy houses, or duplexes( typical 20% down payment and 20-30yr note)is not necessarily the best approach.