This would be a long term play.

It was a poor rental due to the low down payment but a great appreciation play.

I work 100% remotely, so could live anywhere without my employer caring.I understand that doing something like this would really require the numbers to be spot on - and I get that (there's a huge difference in 3.5% down vs 25% down, PMI comes into play, etc). 

@Paul Sandhu What factors do you think played a part in the trailer failing?

@Cassi JustizOk thanks, so essentially I need to build my egg of cash to invest and get the ball rolling, by increasing the EOM cash...paying off whatever else I can (cc debt free), so things like car, etc...Then I can play...

The fact that the additional occupant is the previously evicted person should not even come into play.

How do I play audiobooks on my account?

At home, they've been hiding from me and playing Ouija in some of the more out-of-the-way bathrooms and closets of my 8500 ft2 McMansion. 

@Immanuel Sibero wouldn't cap rate be an indicator as to which you should choose for a particular property either to sell or to refinance, in that way it is a level playing field that does not depend on how much equity there is in the property.

He explains this choice gives a higher chance of getting an offer accepted.I have played around with the numbers (i.e. full list price with seller contributing full closing costs vs. lower list price and seller contributing less closing costs).