Also, I'm not sure how you're paying attention to it on the tax side, but the unit that you are living in's profit at sale is calculated differently than the other unit that you're renting out.Once you move out, that unit is officially available for rent so from that point forward, any profit gained at future sale will be calculated starting from that point and will be taxable.

I cannot see a scenario here where he is better off re-levering to enter if he can't weather a shorter time frame; and if he can weather one, then he has the funds to put a downpayment outright on a  2nd.

Just not worth it plus it's probably going to just get worse.I would not renew and re rent with it not being furnished assuming the furniture is trashed.

Is anything in writing?

If millenial homeowners can't even change their home's air filters, or snake a toilet, or change the oil in their car, that's guaranteed future business for HVAC companies, plumbers, mechanics, and those places all need a place to conduct business in.The commercial mortgage pricing software I use has somewhere around 50 different asset classes in it.

The best thing you can do to prevent future foundation issues is installing gutters around the property to repel away from the foundation.

People will rent homes in that area because they cannot yet afford to buy, but hope to buy a newer home in the future and keep the kids in the same school system and around their same friends.

I can share more insights in the near future, but I believe it also assists with estimating flips.

Always love connecting with like minded RE folks. 

But i want to get this community's professional and hopefully unbiased opinion about common RE agent practices in Idaho.