We did live in the house for 2 of the last 5 years, so we wouldn't have to pay capital gains tax.

They are unparalleled and I gain so much from them!

A local real estate agent with MLS access and market knowledge will be able to provide the most accurate rent estimate.

On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?

His lease says they have use of the entire property for $X, if he wants to increase the rent that is separate from changing what they have access to.

A licensed property manager should have access to the MLS which would put you on realtor.com, Zillow, and probably a dozen or more other websites.You don't need professional photographs, but they should be improved.

How much gain are we taking about?

@Chris Grenzig  The chart on Wikipedia is interesting, its showing the population gains/losses from 2020 to 2023. 

If the search is correct you keep adding 3 months back and 1/2 mile out until you have them.The best value analyzer in my opinion is only accessible by realtors.

Quote from @Dylan Jeluso: This questions is the same question as getting your real estate license when doing flips, you have access to the MLS, you save money on the commission, and you have a little bit of a competitive advantage over the next person that is not licensed.