Hi Ronald, depending on what part of shelbyville the house is located. overall I would stick around with renting it for SFR,  Rental market is good.

There's an absentee-owner house I've been watching in my neighborhood that recently went into pre-foreclosure.

You aren't prepared to go "all in".So, no money, no willingness to convert equity to money, leaves him with nothing he can do for you.

Where there is sustained and significant population growth, the current housing supply will not meet demand so prices rise until the number of sellers roughly matches the number of buyers.

Like a lot of cities in California, San Mateo has a housing shortage, which can be seen through the high costs of housing and the increasing homeless population.

A family acquaintance was leaving town and asked if we would be interested in taking this over How did you find this deal and how did you negotiate it?

We use these floors in every room of the house. 

. - Consider guest amenities, house rules..hot tub..pet friendly etc- TLC.

Each month, I still have to file the DOR state taxes and just leave everything defaulted to zero and file. 

I don't mind moving here and house hacking, I currently rent and actually really enjoy the area from what I've seen, so that is definately an option.