They did inspection but they could not get into the attic due to the ac unit blocking it thus they couldn’t check there or check for termites… he recommended to do a hole on the attic to inspect.

@Micah Franklin Check with your local credit unions.

Check out BP Podcasts: https://www.biggerpockets.com/podcastI hope BP serves as a helpful resource for your REI endeavors!

What Jay said is correct, and also need to check if the state even allows for a deficiency judgment. 

Thank for the book read, I'll be sure to check it out.

For screening, you'll want to check things like credit history and rental history.

Ultimately, they are given the option to purchase travel insurance at check out.

Also, yes it is a tenant friendly area but that is also a bit overblown since evictions are very low here in san Diego, last I checked it was less than 1 out of 100 and in areas around the country where evictions can happen practically overnight, some of those areas can have extremely high eviction rates especially a lot of those areas with high poverty rates.

I am thinking the following:This would be a wrap around mortgage as I still owe $165k on it.Sale Price $245k (market price)10% down ($24,500)10% Interest 30 year (please tell me if thats a bad idea)Monthly payment based on 30 yr ($1930/mo + tax and insurance) = $2448/moPlease let me know if i left any pertinent information out.Any sleuths out there can check it out. 🤓 (1032 E Tucker St Fort Worth, TX 76104)

But, good to double check these things.While it might be "nice to have another rental," check your numbers.