Review your prior year income statement.How did your year go?

I'm not familiar with your market, but here are some thoughts:750 Sq ft is small for a 3/1.Interior looks like a flip but it seems like it has been owned by the sellers for a long time...so maybe not.They have been trying to sell this property for 6 months and have reduced price. 

This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.

In 2022, half of American renters spent over 30% of their income on rent and utilities, the highest percentage ever recorded. 

Which is not easy for possible for many people (like your husband).Once you really know what to do, the risk level drastically reduces.

How much income do you need, and how much do you want?

Stick to areas you know well; this familiarity can greatly reduce risk and boost your confidence when making purchasing decisions. 2.

Hi @Andy S. 3x monthly rent for income has worked well. 

Self managers can reduce their PM costs significantly. - Furnishings and Design: Active vacation rentals are usually sold furnished, vacant homes are not.

That way you can reduce your out-of-pocket some.