I would sell any SFHs just in case the markets do turn and you lose your equity.Money sitting dead in a SFH is always at very high risk.

Welcome to the site Sayantan.

I look forward to contributing to the site and learning a lot.My interest in REI has been growing over the last year, but I am really interested in assembling my core 4 in the St.

Yes/NoAny follow up conversation information will then be logged after:6/20/18:  Called again and spoke to David, he is interested in meeting at the property for a walk through on 6/25/18.6/25/18:  Met at property, will be expecting itemized estimate from David by 6/30/186/30/18: Received estimate, need to go over this and compare to other two estimates.And so on and so on, so I don't lose track of my communications with each person.That is the sort of stuff I am talking about. 

I could be wrong or just lying to you, so be sure to talk with a local real estate professional before you do anything. https://www.hud.gov/sites/documents/SERVANIMALS_NTCFHEO2013-01.PDF

there is a free downloadable pamphlet and waiver, it should be a part of all of the packet of documents to review and execute with all tenants.On the E Coast I think you would risk losing out on some great opportunities.Pamphlet and waiver-https://www.epa.gov/sites/production/files/2017-06/documents/pyf_color_landscape_format_2017_508.pdfhttps://www.epa.gov/sites/production/files/documents/lesr_eng.pdf

Renee Harris I just came across this site , site says they’ve been around since 1975 .

I would analyze it to include the replacement rent once you guys move out because your true return of that property is providing you the utility of that rent (so if you lose $200/mo but would be paying $1,000/mo to rent elsewhere, it’s in fact a solid investment and you can ‘save that extra net +$800 towards increased principal pay down or save for another down payment.

They’re losing more and more rights every year.If they plan to use the property less than 2 weeks per year there are condo-tels. 

In my opinion, prices will be up a year from now, so in addition to spending $24,000 renting, you will lose out on a years worth of property appreciation when you sell.As far as renting to you, I would not.