When evaluating potential properties, consider three exit strategies: if you can sell quickly for a profit, hold it as a rental, or take a loss.

There is a significant crack in an outside wall of the foundation that I still need to have someone evaluate.

Leasing is a specialized skill—PMs deal with this daily, making them far better equipped to handle applications, verify income, conduct background checks, and evaluate a tenant’s overall suitability.Protecting Your Investment:The cost of a bad tenant can be far greater than the cost of hiring a professional.

That seems like a way too low evaluation.

I would employ full-time paid employees as moderators, not VAs or people willing to help (although they are great for doing it) because it is what makes the site better to get rid of the dust.2.

It’s definitely smart to evaluate the tax and cost implications of your funding options.

I would like to do some research on other rental properties before I set my priceComputer algorithms are good for studying a general market, maybe even a neighborhood, but they are terrible for evaluating a specific rental.

Hi Vijay, Can you provide pics, the zip code and numbers so readers can evaluate your deal? 

It is not very difficult or complicated to evaluate commercial real estate, there are plenty of good books available that can teach you how, textbooks, online courses, community college classes, even excellent youtube videos etc, and it is actually quite enjoyable in the process to learn.

That said it is possible that you need to evaluate your stays and decide if it is worth taking shorter stays or sticking to some longer stays to reduce your time commitment and maximize the revenue for time invested.