This is helpful for monthly bookkeeping and tax return preparation. 

I have also considered this, but there's only one shower and I am not prepared to share the shower with a tenant :).

I'd want to know more information to make a good recommendation, but it sounds like you would have a strong argument if everything else is the same except for location.MP tasksTenant Management:Showing properties, screening applicants, and preparing leasesWelcoming tenants and addressing inquiriesCollecting rent and managing evictionsProperty Maintenance:Cleaning, repairs, and inspectionsAdministrative & Marketing:Supervising staff, purchasing supplies, and promoting rentals (ads and website)

@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!

If the comps truly support $280–$290K, the appraisal might not hinder your final sale price, but it’s critical to prepare for hiccups.

However if you liquidate the Bitcoin, and can show evidence that you were the one who made the initial investment(s) via bank statements, then those funds should be able to be used, as long as you are prepared to show all that. 

@Roberto Kattan-make sure you have your  financing  / loan pre approval completed  if you plan to  move  forward with purchasing a rental ....this  will  allow you to be prepared and also to be more educated on the  current  numbers  ( rate / cash to close / payment  etc ...) 

I do plan on building up the savings as much as I can before that time comes as I don’t want to be ill prepared for unplanned events as you mentioned.

Prepare the property: This is the time to purchase new furniture, restock supplies, and complete any necessary repairs.5.

Two year preparation with a combination of networking and market research.