My Realtor says to rent it to others so they can own/run the business. 

What I was good at was running a business, I started my own at the very young age of 19, and what I did have was the desire and determination to succeed at my new goal at that time - real estate.Start small and flip a house.

and just travel around the world while running my business (officially, have my place in SF.)Congrats on going through the fire, building your first place.

It will run you around 4K for a full analysis and recommendation but if "high income" is really high income that 4k could be well worth it.  

If they're good tenants, you may not want to run them off.

When I run the numbers using 10% for vacancy, 10% for capex, 10% for management, 10% for maintenance and repairs, $550 for landscaping, propetry taxes and insurance I expect to get at least $$2,500 in monthly cash flow. 

@Ashley Benning, many sellers (at least the more sophisticated ones) won't accept proof of funds letters from hard money lenders.  

Once the wet stuff is gone you can use a dehumidifier, run the ac ( expensive w/o insulation, but what are you going to do) or even box fans to dry out the framing.

You also learn a lot like how to run comps and get direct MLS access which is nice.Make sure you shop around if you are outsourcing your direct mail.

The question is should we stick with electric stove or run the plumbing and make it a gas stove?