It has a good roof, updated electrical and dated ~1960 interior.My original intent was to use the 2 car garage for storage, but the condition is so good that I might rehab it into a rental and just reserve 1 garage bay for myself.

The past six years we lived in the Bay Area for full time jobs but recently decided to move back to "our roots" in Greenville, SC. 

I'm from green bay Wisconsin, and i work a boring mill job but have only a car payment for debt and want to create a path of success for me and my future family.

I understand that this might seem to help keep much of the marked ugliness of landlording at bay. 

I’m in a similar boat as you but let me know if you ever want to meet up to talk RE.There’s also a couple RE meetups, one in Bay Shore that I’ve been to before you may want to look in to.

The new house is on a huge 10,000 sq foot lot.Here's my question: Should I keep my current house, and count on bay area appreciation or benefit from the house paying itself off?

I would then lend the money to them and they would buy from one of my mid west vendors .. mid west turnkey vendor would then buy and rehab .. once rehab was done we already had the  ARV appraisal done for the refi.. it was just a matter of getting a 442 reinspect and closing.. my average HML turn over in 91 days and I did about 60 of them a month for LA based and San deigo based investors with some in the Bay area and other parts of the country but SOCAL is 90% of the buyer base that's why all the marketing channels for turnkey are pretty much based in Socal and or CA.. its where the buyers come from you know the story... prices to high in CA need to go out east.So now we put LA investor into 4 homes day one for 4k out of pocket.. they get rehabbed and refi goes through they get 5 to 10k cash back per home.. so they get their 4k back plus 16 to 30k in their jeans.. and in those days cash flow was 100.00 a house.. 

Duplex two blocks from the lake in Bay View What made you interested in investing in this type of deal?

Also, are there any structural repair companies in the Tampa Bay Area that you would recommend?

I am in the San Francisco Bay Area so I don't know if regulation are different than in LA.