Then things went south...I decided to gut the rest of the basement since it got water damaged from the foundation issue.

Are you currently self-managing or do you have a management company?

And the split is whatever you decide on. 50/50 is what a lot of people usually do.

Not impressed with other large institutional managers who are very light with boots on the ground and in many ways have the attidude they are assisting you in managing the property, not managing it for you.

Then you can rent in Seattle for 1 year or 2 to make sure you want to be there for a while and decide what area you want to live in and eventually buy something there if you decide you will stay. 

@Michael K Gallagher Any major cons I should look out for if I decide to house hack? 

@Jade Frank I agree with what @Dominic Mazzarella and others are saying here, but If you find the downside outweighs the gain and you ultimately decide to sell the property, Since the property was held for investment use it would qualify for a 1031 exchange. 

Additionally, it provides investors with the opportunity to add a unit on a property they already own, simplifying management since the new unit is in the same location.Finding a vacant lot is both expensive and difficult, so the ability to build, subdivide, and create new development opportunities can make financing easier.

If you do decide to keep the rentals, let me know if you need any property management company recs!

Decide what is important and what is not.