@Amanuel GebrelibanosIf you are going to buy or sell 1 or more houses a year than you should get your license if you want to save money.

Talk to a local realtor who works with investors to see if $2600 is realistic for rent and who you'd be marketing to-likely a smaller tenant pool.Most people who rent fall into different categories-those who are just starting out and saving to buy their own home, those who move around and buying doesn't make sense and those who will never buy a home (either can't save the down payment, can't get approved for a mortgage or plain and simple don't want the responsibility of owning a home). 

But as of now, just a long term, high yield savings account.

We have a lot of money tied up in the unit and would like to find a rental unit the we would consider living in at some point with a house hack option/ADU and or a home that has a better long term appreciation potential. 

Cash we had saved up How did you add value to the deal?

My family moves almost every 2 years due to my husband's job, and we're trying to save enough for a down payment on our first home.

I have bought and sold a few houses but first time doing a 1031 since saving on cap gains makes sense.

With 2 kids and a third in the near future, we're looking to move again in the next 2-3 years.We have around $15k savings, $45k traditional IRA and $20k in other investments. 

Private money funded the $90k down payment at 8% interest, no payments due on that until the balloon in 48-months.

If you could renovate and split off an ADU or even apply to turn it into a duplex or triplex (although that will cost plenty of money with new kitchens, utilities, etc.) that could very well be worth it.