This property sits just down the street from the main downtown area, which is always lively and has stuff to do.

Hard to beat free money.The advantage of real estate over wall street is leverage.

I would toss God's a** right out on the street should he not pay the rent.

Just be happy the kid(s) are home and not out running the streets doing much worse things.

If it's not working as you planned, you can move back in whenever you want and reassess the situation and next move.This is the exact path that my wife and I have taken over the past 2 years.Bought our first home (4 plex)Renovated the units and listed 3 of them as STRs (http://bit.ly/thefifehouse)Cash our refi (pulled out ~$80k)Move to a nice apartment (literally across the street from our STR -  https://bridgeonrace.com/)Listed our unit as a STRInstead of looking for a new primary, we just went under contract for our next investment and renewed our lease for another year (https://www.zillow.com/homedetails/109-W-Magnolia-Ave-Wildwood-NJ-08260/38390839_zpid/)We currently have a 9 month old and found that we love the simplicity of apartment living and by renting instead of buying right now were able to leverage our refi capital to buy another property, which we will BRRRR :)We may look for another primary in the future (specifically so we can leverage a high LTV loan product) but as of now we've been heading Grant Cardone's advice to “Own what you can rent and rent where you want to live.” 

One of house's exterior got damaged because a dump truck pulled a hanging wire on the street, and also damaged the whole electrical connection to the house from the street.

It was from another townhouse that she owned (on her own) on the same street that she lost to foreclosure about 10 years ago.What we have learned is that since the lien is just on her name it should not affect us. 

It's not 16th Street and Mission in SF but it is a rough area. 

Duplex available at slightly over $100/SF, on a street with many similar duplexes.

Research on Water Street and “Gas Worx''.