Essentially, the cap rate is the proportion of Net Operating Income (NOI) to the property's value or selling price:Cap Rate = Net Operating Income (NOI)/Property ValueThis ratio offers a direct method to evaluate the yield a property generates in relation to its cost.For advanced real estate investors, integrating additional factors might prove beneficial:Vacancy rate: The duration the property remains vacant.Operating expenses percentage: Includes insurance, utilities, and maintenance costs (excludes mortgage payments, depreciation, or income taxes).The adjusted formula for net income, incorporating these considerations, is:Net Income=(100 − Operating Expenses %) ×(100 − Vacancy Rate %) × Gross Income

They take it to their bank and set up automatic ACH payments to your bank account.

They acquired another management tool I was using, so I was then migrated automatically.

Depending on the county, the assessor will pick up your sale price and adjust your taxable value to 70-100% of sale price.Insurance: Have your insurance broker get you a soft quote based on your lender's insurance requirements.

The house has been on the market but traffic is slow - not sure if this is due to the current environment or something specific I should address within my listing (we've already adjusted the price). 

So let's try to break this down for you.In a nutshell, depreciation recapture happens when you sell an investment property for more than its adjusted basis (the original cost minus accumulated depreciation).

They default the automatic renewal to Yes. 

I think you may have missed the fact that my current primary would rent for 3800 and the mortgage is currently 6125$ this means I if I turned it into a rental I’d be operating at a loss for a lot of years because that’s a huge gap so you can automatically say that I wouldn’t get any cash flow for probably the first 10 years minimum.

Unless you are a child and moving into the property, it will get a property tax adjustment.  

In the event that a payment is missed (30 days late for example), the performance deed would automatically return the house to the seller.