New investor with questions regarding renting out a SFH

[Kevin Aumack]

Hello Everybody,

This is my first post here. I am interested in getting started with renting out quadruplexes or larger rental properties. However, my father recently passed away and I inherited his single family home. 

The real estate taxes are currently around 8k per year but I expect them to be reassessed to around 10k per year. 

The house sits on about an acre of land which I know will cost quite a bit to maintain the property each month. 

The house is worth somewhere in the ballpark of $300k.

I am not sure exactly would I could fetch in rent per month, but may be somewhere between $2k-2.5k. 

The house was built in 1990 but it not modernized to say the least; the interior still looks like you are in the 1990s when you walk inside. 

Otherwise I believe it is in good shape; my dad built the house from ground up. I do see a potential problem with the foundation but I think it should be able to be corrected (when looking at the house from the front, there is some cracking along the cement portion of the porch but nothing else is visible to me at this time).

My question to the community is: would this property be worth renting? It is hard for me to make this decision just based on the potential numbers because I have an emotional attachment to it but I am looking for an objective view from someone who has a different perspective then I do at the moment. Thank you!