Compare how you would expect this home to perform as a rental with reasonable assumptions about cap ex, vacancy, repair etc and then figure out what kind of rental or possibly RENTALS (multiple) you could purchase if you sold this property and how would they perform.

Purchased with a tenant in place as a 13 net cap, but once I raise rents to market in a few months it will be 18 net cap.  

So you and/or your partner will need to have an unlimited residency permit (Niederlassungserlaubnis).From what i can tell of the residential property market, the cap rates are very low (3% range) and the rental income doesn't cover the mortgage costs often times.

Calculating the cap rate (NOI/listing price) is crucial to know what to list at. 

Probably the same for most BP members.Both of our bankers $25mm and $1.5mm Fed loan Cap rate said their customers are out of Covid Government money deposits, thus they, the banks, are not pushing loans now. 

Just make sure the rents cover the PM+Note+Maint/cap expenses.

Which she then may have opportunity to 1031 to avoid the 20% cap gain and 25% depreciation recapture, So overall its a pretty good investment if it pans out? 

These have the highest rent to price ratio and have minimal cap ex since they are new.Another option would be to buy a short term rental, but that is going to be more expensive and is more active than long term rentals.

Rent growth at or below market historicals, sales price matching current comps/cap rate, etcThats a start.

What’s the CAP rate there for SFR and commercial?