Say you get to keep 6-7k after tax.I like Option A all day long. 

You can offset other passive income of gains with depreciation from your long-term rental.  

Finally, if you cannot find sold properties to compare within the timeframe or distance you can go out a bit to find properties to compare.This will get you started with finding values for residential 1-4. 

I tend to shy away from homes over ~20 years old to buy and hold for long term renting.

She sent me a letter from Commercial Property Advisors, Peter Harris, which stated she had approval for funds sufficient to cover the purchase price and below it listed a Wells Fargo business account showing funds in excess of the purchase price.

What are you looking to achieve in the short, mid, long term?

It may help to lower your price during the slow winter months for a six-month lease, then bump the rate up in the summer when demand is higher.Zillow will tell you how long each listing has been on the market.

We are based on Long Island but invest in Milwaukee WI. 

As a long-term hold investor, I see this property as -$600/mo to -$800/mo depending on whether you use a PM or not.

I have been doing this a long time and the things that happen in my Little Rock properties still surprise me.