Probably worth about 260k)Down payment: $100,000Interest rate: 6.75% (option to raise rate in 3 years but not down)Loan Term: 30 yearsBuyers monthly payments:  $1,394.49When I crunch this into Chat GPT is says I am getting a 271.87% ROI.

Or if the tracking my route $20 option was included already with the monthly rate, that would be awesome.

I am just trying to throw out some positive news in regards to Sacramento real estate.

Refi in year 5 to pay off balloon and keep the property longer; Or Sell it outright pay-off balloon and walk away with massive chunk of equity ($140K+)Return on Investment: Assuming you were cash flow positive for 5 years (99% certain), you turned your $23,800 investment into $140K equity position by year 5.

If so cashout refinance. it also depends on your goal and use of the funds happy to help weigh through the options! 

We gave them the option to either provide them with the nightly rate per diem of the rental for them to do as they please or we would book accommodation for them.

@Justin LaPointe That is a great option!

(Also on airbnb there are options to actually rent a set up tent which sounds weird but people do it.)Fourth:  Set up a youtube channel, which is free. 

However, the search for "family homes" and more spacious yet affordable rental options indicates a broader definition of affordability that includes larger living spaces.Diverse Family Structures: In zip codes like 28303 and 28304, a significant segment of the population includes families with children, as indicated by the demographic makeup.

Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.