It's also worth speaking with a local real estate agent to identify the best neighborhoods for rental income potential.

Loopnet has some comp information, but requires a paid (and not cheap) account to see it.Commercial properties are generally valued based on income, not comps per se. 

So if you buy a 5 bedroom house and rent the spare 4 bedrooms = you can still sell tax-free under the 121 (you just pay back depreciation) If you buy a duplex and rent 1/2 and live in 1/2.

It’s a great way to maximize rental income while offering a unique solution to tenants.- Value-Add Investments: Beyond cosmetic upgrades, think about adding amenities like solar panels, EV charging stations, or smart home tech.

Gross rental income divided by 2 (50% op ex ratio) equals net operating income. 

Interest income is interest income, unless you decided to roll some of the current cash into a self directed IRA at which point your interest income would be deferred for a later time and allow your funds to grow tax free.

Since you’re new, consider financing options like conventional loans (5-20% down), FHA loans (3.5% down for house hacking), or DSCR loans based on rental income.

Did this go to auction or a tax sale?

These logs regularly end up in the Tax Court and are usually destroyed upon review.

We'd even be happy to move them into one of our (future) properties and just let them keep all/most of their rent income as free cashflow.