Quote from @Nelson Badillo: In my experience, HUD requires you to provide at least three comparable properties to justify your rent.

Look at the values of your 2 properties, consider any outstanding debt, calculate what your payment might look like on a cash out refi, compare that to current or potential rents.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Go to furnished finder and airbnb to compare rents and determine your rate.

You have less control with a property like this when compared to other asset classes.The upside here is that it seems there is room for negotiation because of the below-market rent tenants.If you're looking to put down $200-250K, I would recommend looking into a multifamily property, especially one with additional income potential. 

How does your property compare to local competition?

., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.

When you compare what houses are going for in both Mooresville NC and Greenville SC and what they rent for, it may make 0.5%.

For one, you can't really compare broad investment philosophies.  

They do have a review from a returning guest that mentions the quality went down when comparing their first stay to their second stay.