The house was vacant for 5 years with a new roof (5 years ago). 

House Hacking is a good route to get started. 

If they like to rob houses, they're probably not going to become a model citizen just because they rented your house.

Currently situated in San Diego and can only afford rent for now because house prices in SoCal are bonkers.

I have someone who is having trouble STRing a house in Kissimmee.

She has been in our house 118 days past the end of her rental agreement! 

There is no housing market in US where real estate can out perform stocks.

This creates a market for both short-term and long-term rental properties.Affordable housing, Compared to cities like New York, Washington D.C., or Boston, Philadelphia offers relatively affordable rent, or section 8 tenants, especially those who are relocating from more expensive areas. 

(Previous rent was $1,300 but we're about to put in a brand new kitchen from the studs, new flooring throughout the house, new furance, adding A/C, etc).So do we just pay for it all upfront and mostly drain all of our savings, or do I let the rent pay for it and utilize our other savings to get a second property this spring/summer to increase our cashflow? 

If a seller refinanced a house at around 220k and has about 120k left in mortgage, but the house also appreciated to 450k, how do I structure a subto/seller finance deal?