The time back will free up more time to increase your active income, or acquisition of more rentals to get you more cashflow (passively or actively).

Owner occupied united increased by 8.4%"Still, although the overall share of households that rented decreased, the number of rented units increased by over a million units (43.3 million to 44.6 million)."

Additionally, the house is 25 years old and could use cosmetic updates to increase rental appeal.

Hi Ethan, I would not entertain the idea of getting more money from this tenant in order to potentially increase your cash flow. 

Owner occupied loans have allowed us to purchase properties in markets with heavy appreciation, and potential for huge rent increases.

Not a ton of value-add opportunity, more of a core+ investment in a very small market I'm familiar with - my initial analysis is yielding a 14% IRR & 1.28 EM, so I'm not sure of the attractiveness to investors.

I'm testing with the California addresses you put in there at the bottom.import requestsfrom geopy.geocoders import Nominatimimport jsonimport timeAPIFY_API_URL = '' # Plug in the provided API URLdef geocode_address(address): geolocator = Nominatim(user_agent="redfin_scraper", timeout=10) # Increased timeout to 10 seconds try: location = geolocator.geocode(address) if location: return location.latitude, location.longitude except Exception as e: print(f"Error geocoding address {address}: {e}") return None, Nonedef search_redfin(lat, lng): search_url = f"https://www.redfin.com/stingray/do/location-autocomplete?

It will be cheaper than our mortgage and our incomes will be increasing.

The property is located in a mid-size city with several attractions nearby.I understand that management fees can vary by location, but this property management company charges 20%.

Longer Tenure in HomesData from the National Association of Realtors (NAR) shows people are staying in their homes for a decade (see graph below):This increased tenure means homeowners benefit even more from home values growing over time.