I have moved and want to rent my old house out until market conditions improve or I might rent it out indefinitely. 

Since I am looking at SFH, my intension is to find one in my budget and live there for an indefinite period.

Property Radar Buyer Beware.Do not pay for a discounted annual membership with Property Radar because they will put you on annual auto-renewal indefinitely until you call and cancel.

I guess you could circle it indefinitely and never risk any attempt to contact any owner or heir. 

Obviously we have been in touch with our lodger who filled us in on the scoop but I was surprised to find very little info on incarcerated California lodgers, does NoLo address this and in either case what are the obligations of the owner(s) who rented to the lodger who is now incarcerated indefinitely as far as security deposit, notification of repossession of rented premises, and the handling of personal belongings? 

You plan to manage the property indefinitely then?

Cap Ex 5% - I figure this is a minimum to put away for the big items you know are coming...eventually.Management 10% - While I plan to manage the place myself, I also want to be able to hold indefinitely and know that if I take my REI where I plan to I will eventually remove myself from property management.Assuming the same 25% down and financing with a  30 yr fixed @ 5%, I get ~$120 monthly cash flow (not even my minimum of $100 per unit).

It has been cash flowing no longer then a year or so at a time and I am about to do another eviction so indefinite vacancy is imminent againHad an agent run comps was how the discovery was made.

Stephanie was homeless with 6 kids and after running into her and talking for a few minutes she also told me she was not only living in a homeless shelter but had what’s called a Department of Social Services Voucher which means she can move into any apartment and the landlord will be fully paid every month through a county program indefinitely.

I don't know which ones they are, but rapid appreciation/cost rising without commensurate wage increases (or rabid influx of outside money) won't be sustained indefinitely without a correction.