The borrower will be responsible for $3K at closing while the lender will fund the remaining $12K for the interest reserve.

Real Estate Market Predictions for 2025Single-Family Homes: Prices will likely remain flat due to homeowners holding onto low-interest-rate loans, causing fewer properties to hit the market.

My guess is that finding good staff in this industry remains hard to find.

You want to put everything in writing and be very clear about expectations and responsibilities.You also need to verify the remaining tenant can afford the rent.

You'll definitely get the long term appreciation in the San Diego market since our supply levels remain low which helps to insulate our market here, but it will be hard to cash flow on immediately unless you use one of the above strategies I mentioned. 

Sounds like you have your act together with passive income and a savings, as well as motivation to build wealth from there.

But if your a W 2 and real estate is how you are planning on retiring by investing that is a completely different lifestyle and motivation and game plan. 

We remain committed to transparency and will keep you informed of any significant developments.

If other tenants are not complaining, what is your motivation for this course of action?

The important thing to consider about this model is that Property Management is now monetarily motivated to do one thing - keep your property rented.