Real estate websites such as Realtor.com, Redfin, and Zillow can give details on recent sales in the area.Use Real Estate Investment Calculators: Take into consideration utilizing additional online real estate investment calculators in addition to the BiggerPockets rental property calculator.

That will also need to be taken into consideration of your monthly bottom line, if you decide not to self-manage. 

Plenty of building code considerations I'm sure given hot water heater right there.My first thought to monetize is to lease commercial grade equipment - maybe 2 stackable W/D - with revenue-sharing from a company that would provide the equipment at no up front cost and handle maintenance.

These experts may offer insightful information on investment prospects, real estate listings, and the neighborhood market.Serve as a Volunteer or Intern: Take into consideration serving as a volunteer or intern for a nearby property management business, real estate agency, or investment company.

@Ven Reddy, I'm curious if you pulled the trigger on this.

Or would you just rent it out between 0.8% and 1.1% ($1800-$2500), taking into consideration the surrounding areas rent, making sure it turns a positive cash flow?

Like you referenced in your original post, the homestyle renovation loan, with similar down payment options and more flexibility for future investments is definitely an avenue I am now adding to my list for consideration.

Being able to pull the trigger once the numbers make sense is a skill and being indecisive will be a big hindrance on growing...I personally won't work with clients that are gun shy on pulling the trigger. 

That being said, what you are describing is about the DOS (due-on-sale) clause, and the fact that operating the transfer into a trust is not triggering the DOS.

I don't know how they do things in NC in regard to property taxes, but where I am from, moving a property to an LLC would trigger a property tax reassessment.