I haven’t gotten a tour yet, but based on driving by and photos of the inside, it looks ready to rent right away.

In the meantime I would touch base with lenders and get the financing squared away.

They're highly popular for turnkey rental properties because qualification is primarily based on the income generated by the property itself rather than the borrower.

This method provides an indication of value based on the property's rents.

The structure is mainly appreciation-based, which minimizes tenant and maintenance risk. 

Based upon the screenshots of the software it looks like Investor's Edge software is just a white label of Propstream. 

 @Deepak Malhotra based on your sales price, I assume this was also sold many years ago.

@Mark Sullivan I'm based out of Rhode Island so not sure if my providers lend where you are located.Biggest thing here, I would look for a portfolio lender.

Selling your share at fair market value could avoid gift tax but may trigger capital gains tax for you based on the sale price and your cost basis.In California, the transfer may also trigger a property tax reassessment under Proposition 13 unless a specific exemption applies.

Purchase price: $160,000 I purchased a two story home by a military base from a family member for $160,000 but it is worth more.