@James Wise gonna have to disagree with the "lie cheat steal" concept regarding residents.Any resident has the potential to be less than desirable.

Are you leaning toward a quick sale so you can focus on Oregon, or do you see potential in holding onto this Florida home as a cash flow play?

Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.

. $10k in debt does not seem like it is worth filing bankruptcy as you also will have the filing fees to file bk and if you use an attorney it could be another $5k, To me if you can save $10,000 a year then start saving and pay off that debt, as filing bk will hurt your credit wehere paying off these debts will improve your credit.

Staging is the process of arranging and decorating your house to highlight its best features and make it as appealing as possible to potential buyers.

Just say no.I would almost never do this trade unless all my downside, including potential unknowns, were completely compensated for. 

Owner occupied loans have allowed us to purchase properties in markets with heavy appreciation, and potential for huge rent increases.

How can we best protect ourselves from potential retaliation and property damage?

I specialize in STR & Co-living concepts, which I recommend for the highest rental income potential!

NJ is a big one—places like Newark, Paterson, or even smaller towns have better cash flow potential.