This helps you determine what offer makes sense to you.

The type of home you buy determines the tenant you get. 

I care most about the Internal Rate of Return (helps me determine how long to hold a property), the cash on cash return (helps me decide why this investment vs other options, and it also takes into consideration appreciation of the property!)

I was clueless and didn’t know what I was doing, but was determined to make 10k/month profit off RE.

They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more.

The science part is determining where market cap rates are today. 

This will give you a great starting point in determining rent for your underwriting! 

And you can determine the sweet spot for pricing your place based on comparable properties that are your competition."

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.                    

Depending on the value at the time of death and your basis you may need to file a gift tax return.I would speak with a CA attorney to determine the best type of deed to file and a tax professional to gather more information.