People seem to measure your success/value/achievement with your house, and neighbor quality, to an extent, improves with house value.

I agree with comments so far about adding safety measures but would also recommend adding something to the rental agreement waiving liability with pictures of clear issue.

The first 3 are absolute must reads:1) The Richest Man in Babylon by George Clason2) Rich Dad Poor Dad by Robert Kiyosaki3) The Millionaire Real Estate Investor by Gary KellerSeveral great books by Brandon Turner and David Greene of BP fame.Build a Rental Property Empire - Mark FergusonThe Weekend Millionaire’s Secrets to Investing in Real Estate - Mike Summey & Roger DawsonHow to Get Started in Real Estate Investing - Robert IrwinFLIP: How to Find, Fix, and Sell Houses for Profit - Gary Keller, Clay Davis, Rick VillaniWhat Every Real Estate Investor Needs to Know About Cash Flow…and 36 Other Key Financial Measures - Frank GallinelliSet for Life - Scott Trench of BPAnything by Ken McElroy (Rich Dad Advisor)Feel free to PM me if I can be of further assistance.

(How are they measuring rent growth, is it greater than appreciation?

That is why you have to ensure that the property manager you hire has put the proper measures in place to prevent damages.

I have helped quite a few people making sure the numbers are good and measuring twice and cutting once is what you want to do with every deal.

The better measure is what you can do with with you have, today, wherever you are.

That measures how hard the money in your property is working for you.

Using those numbers, this is what I would expect:Rent: $2,900Less vacancy (5%): $145Less OpEx: $1,000= NOI $1755Less debt service: $1,790= Cash Flow negative $35/monthThat is how any investor who has been around will measure this property. 

If someone is below 600 but everything else measures up we'll offer a contract with an increased security deposit.