The other negative with a long term renter is I lose the flexibility that short term renting offers.Currently, I'm in the process of obtaining my real estate license which I should have by this summer. 

Who has had some positive experiences/negative experiences in Real Estate with sheriff sale's, probates/absent owners? 

A few months later i decide to sell the house and then rather than paying capital gains on a $200k profit, i only pay it on $75k.Thoughts?

That is, if a small uptick in interest rates would result in negative cash flow or a loss, don't do the deal. 

I won’t buy negative cash flow properties.

What I'm worried about is - I don't want to miss the big picture (appreciation in 5-10 years) whilst worrying about being in the negative for the first 2-3 years.

But at that point your property is probably in negative cash flow territory.Just random thoughts.

To me, as long as it isn't negative, I don't think there is a right answer.

Your “feeling” could be you hating lol I think you might need to release all that negative energy and put it into yourself and hard work!

I like the cash flow aspect of it but I am worried about price depreciation(I feel like the prices are too high now in 2020 at least in So Cal) and big repair expenses that could drain all the profits and put me in a negative.