You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids. 

Real estate investing can absolutely be a game-changer when it comes to freeing up your time and helping shape the community you care about—especially in our beautiful region.You’re on the right track by diving into BiggerPockets.

If you want to talk more in depth feel free to reach out and we can discuss more. 

@Zach Howard feel free to add me on whatsapp

Always feel free to reach out with any further questions!

(I have tried AirDNA's free version and have gotten a rough estimate on revenue) Or any other ways to get a solid idea of the potential of the property to show to our potential investors?

We deliver our properties free of both (noted as such in the lease) and then contractually make the tenant liable for prevention/termination. 

There is almost no circumstance that will save you more money then living at home provided its rent free.

Keep posting for sure but feel free to reach out directly as well. 

As has been mentioned, try to find a way to keep as your primary for 2 years, and all gains are tax free at the sale.