I got all my families' money out of that speculation and gambling game.  

As the 10th largest media market we have all major sports leagues, arts & theater, great schools, major and stable corporate employers like 3M, Target, Best Buy, Honeywell, Boston Scientific, Medtronic, St Jude Medical, Cummins, and many more. 

Sell to my long-term tenant for $400,000, and invest proceeds in stock market, while avoiding new roof expense in a year or two and taking a gamble on new tenant when current one leaves if I don't sell him the house.2. 

Or is it a gamble and the original owner could come back and reclaim the home?

@Raden Mantuano not only are you having to bank on appreciation, you are gambling on where interest rates are going to be in 9 years.

The last 10 years has changed a lot in Sacramento though, and the city now sports a very cosmopolitan urban environment, so it's now more of a tweener city.

Is this kind of just a fly by night gamble type of deal?

Haha Oddly enough though goalie was what I always played in both those sports as a kid

I must admit, I would probably trust the big firm to be able to screen people with certain criteria and evict people (if needed) like clockwork, where I think the little guy would be more of a gamble.

It has a great downtown; clean downtown, new and expanding light rail system, major sports teams, arts.