Is there any other formal arrangement because the way you wrote it sounds like your wife and her father are 50/50

It sounds like you're slowly flipping this property?

Sounds like the best option is to sell this one.If you move out this summer, you're not going to get the owner occupant tax savings like you would if you hold out for the 2-year mark.

-Gutters cleaning: $350 -fix broken downspout: $300 -fix loose siding: $250 -carbon monoxide detector: $125-bath silicone: $100 -deck boards: 3-4 are bad need to be replaced What does everyone think.

@William Brock sorry if this sounds like a dumb question but what does STR stand for?

Two days into the job he said the job would end up being $53K because 80% of the exterior studs needed to be replaced (100 2x4x8s).

That sounds extreme unless you are the GP of multiple large syndications or own tons of doors. 

The home is in decent shape but the roof is from 2002 and will need to be replaced at some point.

The sellers are arguing that they have paid the bills and recently replaced the roof and are not abandoning them.

It sounds like you're in a tough spot trying to navigate the expensive Bay Area rental market while considering your options for real estate investing.House hacking in Oakland can indeed be a viable option, especially considering its proximity to San Francisco and the potential for building equity rather than continuing to pour money into high rental costs.