I get a lot of questions about housing vouchers and how you determine rent amount allowed.

I live in Tacoma, WA…a lot of folks don’t want to deal with having to learn the local housing laws.

Based on your current assumptions, you would be paying $1,229 per month out of pocket, leading to negative cash flow.If you’re house hacking and living in the property, it might still make sense because you're paying for housing anyway.

House was built in 2005 (I lived in this house and rented it out when I moved back to California). 

This means that your permanent residence is excluded (except if you are doing a house hack in which the part that is rented out is eligible for cost segregation).

@Joe Villeneuve around 300K of equity in the houseSell the house, take the equity, spend it or use it on your next house where you are moving to. 

On the MGA side their in-house product is assigned to a different writing company depending on the state and risk. 

We do all of our own serving in house and we use Mortgage Automators.

Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.

Incorporating a washer-dryer hookup in the main house could be advantageous.This addition not only increases the convenience for potential renters but also adds value to the property itself.