We closed on the house just over a week ago and had renters move in the same day we closed (I love Cragslist). We plan on renting it out for at least a year and then go from there.
I like that the locataion of this home would cut my commute time in half every day. We also like the grade schools in the area it is located. So someday this may be our new home, but for now I hope it is a good investment (anything seems to be better than the stock market this week...)