Here is a question for the brain trust - many of you are landlords or have been, so maybe you have some input!?
I own a ranch style single family home in a SF bay area suburb that I have been renting out. The tenants are terminating the month to month agreement and my plan is to move back myself. Unfortunately they terminated 5.5 months before I am ready to start moving my family in. It needs minor refreshing that I can do in a couple weeks. That leaves 5 months net that it is unused.
What would you do with the home for the 5 months?
I have 4 ideas:
1) Leave empty
2) Rent out for 4-5 months unfurnished to a single family
3) Lightly furnish and rent out short term using VRBO for weekends, i.e. wedding visitors or business visitors etc.
4) Move myself into one of the bedrooms, spend about half my nights there to keep tabs on it and rent out the rest to roomies. (Could also work in combination with 3))
I’d like to hear if you have any more ideas? Let's hear them! And if you don't you can at least say what you'd prefer out of my 4 ideas!
TIA
G