Hi Sunny,Sunny SuhThe kitchen is in a brownstone, sorry it that was unclear. 

Our original intent was to use it ourselves to escape the heat in summer, and possibly rent it out on websites like VRBO or AirBnB. 

I'm considering looking at having a management company manage the property for me, but would like to do a local property.I'm not working right now--taking the summer off before going back to doing some consulting work.

A duplex and triplex located in my back yard of Sunny San Diego. 

Where we have apartments, the area schools are pretty well in sync so I haven't had this issue, but do often have people wanting to move out early (usually those who have graduated) and others who want to get settled into a place in the summer, so we have the outgoing tenants sign a statement stating when they will be out of the unit so that the new tenants can move in.  

It's definitely seasonal, with big rushes in summer and various "bike weeks" and such.

@Becca Summers@Andrew Dean@Cody SteckWow, BP has such a great community willing to reach out!

Sunny, This sounds like a good deal to me, just on thought   Depending on how many loans you already have paying cash might not always be the way to go.  

Many vacationing families return to the same rental home every summer.

I have a feeling prices are inflated at the moment (summer) and was wondering if there is a general strategy in the Houston market to avoid some of the inflations we experience in home prices throughout the year (for ex: parents wanting homes in school districts near the start of the school semesters).