@John Cooper when you or someone you care about is living in the home it is important to be extra vigilant in choosing tenants.

Fortunately, the tenant paid for all of it.They lived in a building with a nice laundry facility (six washers and dryers) that were priced below what the laundromats charge.

So you might be living in the US or in Europe, investment properties are bought to outsource and earn from the cashflow.

With that in mind, I’ve decided to focus first on finding a distressed SFH that I can add value to, live in for a few years, and keep as part of my long-term portfolio.I like your suggestion about building the “core 4” team—agent, lender, contractor, and property manager—and will definitely prioritize that as I move forward.

I live in New York as well, but have chosen to go out of state for my investments. 

Did they live fro 2 months with no dryer?

In lieu of living quarters, and if your area doesn't really need the value of a garage due to weather, the best uses I have seen are full-service home offices or gyms.

Flexibility for Multi-Generational Living - SB 9’s provisions also make it easier for property owners to develop housing for extended family members.

I tend to agree that selling seems like a good option, especially since your rental income will not give you a good yield on current property valuation.Did you live in the rental as primary before?

Owning the property in an LLC and living in it as your primary residence would negate the value of the LLC.