I just landed a tenant for the house we've been trying to sell for the last six months. Hello incoming Cash Flow and tax-deductible rental asset depreciation.
Ordinarily I hate tax complications beyond charitable contributions, IRA's, and mortgage interest, but hell - money's money and I've got a CPA guiding me from the get-go.
The best part is that I've known the tenant and her boyfriend for a while now and actually trust them, as opposed to the one-year-and-out renters. They'll be a good fit for the neighborhood, and she's talking about buying the house outright at the end of the year (we added an early-term purchase clause).