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.

My goal is to network and build relationships with investor-friendly agents and experienced real estate professionals who have extensive knowledge of the central Indy market.

I can estimate most of the cost, taxes, insurance, utilities, PM fees, and such and I know that should be provided in the expenses but when it comes to the actual maintenance of the property, what strategy do you normally use?

It was expensive but included commercial liability, premises liability, alcohol, a bed bug extension if needed, and so forth.

Hi, we have a second home in Oregon that we only utilize every other weekend. 

Water damage can be very slight or extensive, can't tell much about your situation without detailsIf the public adjusters in your area will come to the property & take a look & talk to you about it, why not interview 3 to see what they might be able to do? 

Primary house purchased cash $965000Spent $75,000 updating/remodelingOther holding expenses to date: $12,600 (annual taxes and utilities for two years)Home now appraised at $1,325,000.00 We are considering selling our primary house, finding another primary that we can live and flip again over two years.

Has anyone utilized this strategy for a longer term and have any feedback? 

You have to audit all of their accounting because inevitably late fees will change every statement, utilities are sometimes billed back (or not at all), and god speed if you have a delinquent tenant.

Not sure how extensive your furnishing is.