Please let me know if you need assistance with options, I’ll be glad to meet in person.  

I do not personally account for deprecation when running numbers. 

Pete initially and once I feel comfortable with the process, I can start to branch out to outside the area and even the state.

Personally, If theres a good tenant that has been there 10+ years paying on time, I would be ecstatic.Think of all the headaches you are going to save!

For personal reasons we ultimately decided not to pursue this business model, but now we have this property.  

Plus, keeping it as a rental helps you avoid any potential loan fraud issues—something worth considering based on your risk tolerance.The new house could be great for personal reasons, being closer to your parents, but with a higher rate and payment, the financials aren’t as sweet.

Feel free to PM. 

Just started the Refi process and my lender sent the title search under my personal name and is starting the loan in my personal instead of LLC.

I personally would never do a loan in a mortgage state ONLY deed of trust state with quick foreclosure time lines.   

So if you are still uncertain, could just make a lease with employer and give that employer rights to sublet to the person, thus your lease is with employer and there on hook to you, and they can deal with the person and all that liability.