Wake up call.

[Alex Santini]

By the end of the year I am going to attempt to sell a home that I purchased years ago that is currently paid in full. I have a close friend of mine renting the property from me and he has expressed interest in purchasing the property. However I must admit I know nothing of real estate so I don't know what the house is worth or if I'm even renting it at a good price. Point being I have a year to work out a strategy and I think this is my best opportunity for me to learn real estate experientially. Sequentially what would the steps be to begin prepping a transaction?  And in addition what information should I know about the property to become a self aware homeowner regardless of a potential transaction?