Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

You could figure out roughly what range the properties you would be targeting would cost and use your own assumptions to come up with something similar.

It is an intensive leasing process each year, from the advertising to handling inquiries, applications, showings, etc. 

If your current tenant pays $1,400 a month, you should advertise it for around the same rate. 

But not sure if I'm overlooking anything else that would cause increased scrutiny.Also, to clarify, my overall goal with the property is simply long-term wealth building through mortgage pay down and appreciation so I'm not targeting properties with very high cash flow thus the focus on tax writeoffs.

The program primarily targets corporations and limited liability companies (LLC).Your sole proprietorship is exempt.

The appraisals cluster like shooting on a target, but the margin of error is not small, about 10% between the highest and the lowest, which is about as much as a Zestimate.But what do you expect for $400?

I feel this bill is very misleading and they should not place open price targets on the sell of the property. 

all those things are basically mandatory starting out once you get about 10 years in then basic advertising and most of your bizz should come from referrals.

I recommend having listings that work year round but adding more holiday themed photos is good as long as the property comes as advertised.