My wife and I own a single-family home in a top school district.

If they don't NEED the money for a down payment elsewhere, the income could certainly fund their payment at a new home, rental or retirement home. 

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.

It’s a 3 bedroom home, brand new build and just shy of 1500 sq ft.

I purchased a Home in SC as a second home and the taxes are through the roof.  

Perform a home inspection4.

The major fires that burned hundreds of homes in Redding, and over a thousand in Paradise put a huge demand on  housing.

There is no point in looking at a home that can not reasonably obtain a permit.

@David YoungTo turn your paid-off home into a successful investment property, start by formalizing a lease agreement, assessing necessary renovations to maximize rental appeal, and calculating your cash flow after expenses.

Purchase price: $225,000 Cash invested: $40,000 Sale price: $375,000 Bought a large 4 bedroom pool home and flipped