You can also get an idea of what people are getting paid for buyouts in SF on this webpage: http://sfrb.org/annual-buyout-reportsIf you already filed w/ the city and told them the dollar amount that you paid each tenant then I think it is too late, but if you only filed the first filing (which is just to let them know that you're having buyout discussions, that may still be an option).

I explained that another neighbor had told me that she might be thinking about selling the house and asked her if that was correct.

I think Dave Ramsey(who I respect but don't worship, lol) would be highly disappointed in me for even thinking about doing this, SMH.

Think about getting pro photos, using services to check renters, or hiring someone to manage your property to make things easier.Good luck!

Or get an attorney to create it.If you think you can create one, go for it.

@Alexander Merritt  First, think about the type of life you'd like to lead (ex. not be woken up at night, enjoy college towns, etc.). 

Make sure you're performing credit checks, background checks, verifying income (calling employers and even checking bank statement if you need to), and calling former landlords to inquire about/confirm their habits as a tenant (cleanliness, respect for neighbors, paying rent on time, etc.).If you don't think you're capable of this, definitely find a good property manager!

Something to think about.Best of luck!

I think it’s in “coming soon” phase.  

So I think it just depends on what the board and community members are willing to take on vs the property management company but they certainly come in all shapes and sizes.