I'd underwrite the property, with that low interest rate assumable mortgage, to cash flow positively from day 1 as a long-term rental, but be willing and able to use the rent by the room strategy or to rent out part of the property as a Short Term Rental to dramatically increase cash flow during my occupancy. 

In fact I had one done that size over the summer from some real slobs who moved out, and it required an inordinate amount of deep cleaning including almost one full day just on the filth of the kitchen floors, and it was $400. 

If I have the time after dinner to run to Lowe’s , and deliver material at 10pm, I didn’t have to ask if that’s ok.

Basis is what you paid for capex.

Our exchange didn't work out and they returned the proceeds via wire as soon as our 180 days were up.

We love our pets but at the end of the day pets are a luxury.

You have to compile all the info to send to them you might as well file yourself on Turbo Tax.

If you’re not able to, then it may be better to sell the condo, take the profit (if you have some equity in the condo) and put it into a multi-unit to househack again.

Do you want to be a landlord?

You can get started with rent to own/lease option or another creative strategy like buying subject to.