Additionally, I am looking for a real estate investment opportunity, ideally something that produces decent cash flow. 

I have been successfully renting out 3 rooms in my single family home while living in the unfinished basement for a little over two years now.

Congratulations @Megha Agarwal we have 2 STR’s in Lake Harmony as well and live about 2hr’s away.  

A little background info about myself, I currently work outside the U.S. for 9-10 months out of the year and live in California.  

With a major home remodel and addition under my belt and a strong interest in environmentally responsible home building, I am gearing up to begin an investing journey.

(In addition to seeing a trend of not writing new policy for California in general due to risks)https://www.sfchronicle.com/california/article/major-home-in...I will have some carpet in stairs and bedroom because the house already came with new carpet in stairs and bedrooms, the rest have water proof laminate , LVP would be my first choice.I would want to screen and interview the owner and the pet(s). 

Finding someone that is trustworthy that will do all of that while you are living out of area, and providing money and the lot has value.

I understand that I should have a separate bank account from my personal checking/savings, but based on my research, this first deal won't necessarily provide cashflow with me living in one of the units (it will when I move out).

I have owned a house since 2017 that my father lived in until he passed 2-1/2 years ago. 

if you have a long-term tenant, the first question is, how long have they lived in the unit?