Heck, if the OP had simply filled his post with all the in-depth numbers and little or no story we likely wouldn’t be having this debate and nobody would be thinking about his deal so good on him.

Also, an example of functional obsolescence would be: having to walk through one bedroom to get to another. 

Parents are not listening to a single thing you are telling them about the house because every 20 seconds like clockwork "I told you to behave...get over here" is coming out of their mouth.

@Blake Edwards I would love to get notified when you guys will be having real estate investor meet ups!

We have (1) a millenial population buying houses (34% of homes bought last year I believe were first time home buyers) and (2) a demand driven from low interest rates - if interest rates stayed where they were pre-pandemic we would not be having the "supply" crisis we are having today.

If people are getting a relatively steady increase in their home value - they are more likely to make a intermediate jump once they pay down their mortgage some - but I would guess move less often since the moves are based more on needs than expectations of a big pay-off.Markets like New York City and the Bay Area seem to have a permanent housing scarcity, so they definitely don't behave like "normal" markets.    

We will be having the first one in Denver, though.Carlos - It would definitely be fun to do some skiing afterwards.

Thank you @Lumi Ispas  for your post I think I will have to consider this but taking on another loan for a down payment on a house to put this plan into action will be have to be deliberated.

I called my local section 8 office and told the lady that answered the phone that i have a home that i would like to rent out to section 8 and wanted information, i was asked to hold, transferred to a recorded line where if i wanted info about renting to section 8 to leave my name and address and in about a week they will send me information. needles to say i was not impressed as i need hand holding for my first section 8 also the home will need 2-4k of work to get it up to there standards from what i read i have no issue with that except if i can repair over time as i collect some rent i will not have to rack up credit card charges.now onto my thoughts about someone on probation/parole:it's a 3BR so they most likely will have a family, which helps with a person being more stable. since they have a record with the police that are limited on where they can rent thus making for a long term renter that would most likely take care of the place as they would not want to be having a hard time again searching for a home to live.

Why would you care if a trained, well behaved animal was on your property?