I’m very happy to hear your optimism for appreciation and that you’re seeing transplants.

This is where it is happening (from another transplant from out of state).

I’m a fellow Los Angeles transplant.

Evicting someone that old so your daughter can live rent free is a sh$t bag move, and a decision based on the wrong emotion. 

I'm a transplant from Ohio and have been in the metro Detroit area since 2008.My wife and I currently own a condo and out looking to capitalize on the available properties in the Detroit area.

California transplants appear to love the housing prices and the friendly people but dislike  the weather.

I doubt if I read for the next ten years that I would be qualified to perform a heart transplant.

So I could live rent free and generate some rental income.

Without knowing the specifics of your market, I'd say run the numbers on a couple of different scenarios to see what would be the most beneficial for you, but I'm going to take a guess here and say that househacking as a strategy will still probably make a lot of sense for you, and here's why I think that:- I'm going to assume that you can find a home to househack where you can continue to live rent-free (your tenants pay >= 100% of your mortgage and all expenses including utilities, repairs, etc.)- If you can find a property that meets the above, you will still be in a better situation than continuing to live rent-free with your parents since you will be building equity in the home (both through your tenants paying down your mortgage, as well as through natural appreciation of the home as the market continues to go up long-term, and also through any forced appreciation you create through home improvements...again ideally funded by your tenants' rent)- You'll also be able to reap lots of tax benefits that you would not be eligible for with solely W2 income- You will be gaining the experience of buying, owning, operating, and maintaining real estate, screening and managing tenants, etc. all in a relatively low-risk environment compared to jumping right into a pure investment property/multi-family/etc.

I'm a transplant form Kansas, and originally a Air Force brat, but I'm in love with Oklahoma.