Depending on your financing, you should be able to find cashflow.I just sold this home here at the bottom end of your price range, and it would rent for $1,800 to $1,900/mo easily:https://www.redfin.com/CA/Sacramento/3928-23rd-Ave-95820/home/19407351With 25% down and a 5% interest rate, your PITI would be $1,366 which leaves about $500/mo gross cashflow before management, utilities, repairs, etc.Have any other specific questions about the Sacramento market, just ask and we'll try to get you pointed in the right direction :-)

You can let them know that your goal is to get it rented ASAP and that will get them off the hook for added rent when it vacant....so their cooperation would be greatly beneficial to both sidesIf its a good tenant and they are leaving for a reasonable cause, I try not to be too harsh.....make arrangements to get it ready to go ASAP and move on...

He stated that he was too busy to come by so just asked we leave the keys and he would come by at a later time/date.

Would we still have the investment property tax given that if we plan to leave the existing mortgage in my wife’s name, and me purchasing the new home in only my name?

There are also a number of violation notices I got from the Association for leaving the garbage can/recycling can outside.

@Satish Subramanian why not leave it the way it is and go find another rental property?

If you buy it, you wouldn't be making a mistake because after the current tenant leaves, you should be able to freshen up the place and increase the rents.

I plan to leave honest, straight forward reviews on Yelp and all other sites I can find, but I wonder what else I can do?

For me its wine tours apple picking and people wanting to leave a major metropolitan area for a weekend away.

Currently our mortgage plus all taxes and fees equal to $1100 on this property so this is a very hot rental for us.My question is would it be wise to abandon a 118K loan at 3.5% interest rate and do a refi cash out at 4.65% for 300K and take that 182K and invest it into more properties or leave it as is.A 300K loan will raise our monthly expense from $1100 to $2200 on this house which is still well under what the property is producing in passive income.