The porch wall on the far left can be taken out without a jack, just remove it, there is no weight on it at all. I have done it a few times, but unless it is totaly shot, there is little reason to spend that kind of money on it.
The load bearing wall is a vsry simple jack as usual. Once you find the problem, you can probbly jack each floor joist with a simple wrecking bar to level it.
Those old porches often had slop in order to get rid of the rain water.
Interesting that we started with a open porch, then it was probably screend in, then later closed in and insulated....so when will you go right back to the begining and add a open deck?
A word of caution is a good chance that there is a rain water cystern under that addition. I'm assuming by the picture that we are facing the South side of the house where the cysterns were usualy placed.
I would remove the bottom siding boards and have a good look. I'm willing to bet the sill plate is rotted a little. (hot and cold mixing, causing moisture) If that is the case jab a big bar under the sill, and pry it up into place and salp a little wedge under it, Then take mason cement and pack it under the beam / sill.
You probably will not have to remove the whole wall, just scab on some short studs with a nail gun, insulate and side it.
Unless things are different in your area, you could spend a lot of money that will make very little sence when renting it out. Renting in our area is a lost cause if you are looking for a profit.
Young kids play musical chairs with houses, and to find a older couple is kind of hard with all the retirment housing going up, that is more user friendly to the older folks.
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