Keep in mind what both of those steps would entail though. 

The way I look at something like this is you don't know what the future entails. 

Running comps that are meaningful entails adjusting each one to the subject property.

I have no experience with this and have been doing my part to read up on it, but I could use some advice on what it takes to find clientele in the area that would help with this goal, and what it entails to do this.

The previous homeowner did some work on the plumbing but we don't know what all that entailed.

You actually should want to do a phase 1 since it could help you assert a defense to liability if a neighboring property has impacted your property. 

Reject stupidity.And one more when it comes to land-lording, be assertive.

Elya Pollak - I applaud your assertiveness in seeking opportunities to gain more Real Estate experience.

I assert there is room to increase $50 per unit rental income, however, one will have to update the apartment in order to get it. 

I have to identify for one of my exchanges by end of March so let me know of any deals in the $1.5MM range.Account Closed I appreciate your insights, what does the military rental program entail?