Our 275 sq ft furnished garage should rent for $1600 - $1800/mo and the only extra fees compared to long term is $99/yr to post on furnishedfinders.com. ...I should have this finished by the end of next month, so can keep you updated on whether this plan works and what we rent for. 

You want to make sure you aren't muddying the water and making the tenant think they have longer to get out.

I'm not saying "wow, what a deal" or to copy this I'm just saying when compared to SFH or continuing to rent, the 2-4 unit househack is very appealing and thus demand is strong.

 $13,440 value to compare against.The teak would be 60 trees at the end of 21 years per acre.  

I don't know their fee breakdowns, but I can send you over a few to compare fees.Preston Garcia

2) What is the average rent in this market and how does your asking price compare?

OP, keep in mind not having access to heating and sharing same water heater and etc will require an easygoing tenant in the nextgen.

These areas tend to have more affordable properties compared to central Phoenix and still offer strong rental demand and appreciation potential.

Actual cost takes into account depreciation so complete destruction of a property could leave you under water in terms of the amount paid for the loss.

To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.