Then, gather evidence like recent sales of comparable properties to support your case.

The thing I didn't like about RentRedi after doing lots of research and preparing a spreadsheet with features and costs, is that RentRedi doesn't disclose up front that the accounting portion is linked to another company and is extra and, frankly, comparable to the pricing of the "big boys."   

Compare other rentals with a similar size, location and bedroom count to get an estimate of what the rent would be while you're living there.

I'd be happy to get you some rough terms to compare to other options that you have, but I also agree with Jay that you should be wary of just selling and loosing that equity that you've built up in the property.

If it's a long-term play, the potential savings on PMI with a conventional loan could be significant.Have you compared rates for both options?

It would be based on the scope of work of the renovation that you're doing comparing for values in its as is condition and values after rehab 

Compare that to the performance of a new property (with that equity unlocked but also with a different interest rate as @Katie Ripp said).

I'm using rent to retirement for 2 new builds with Beaty and so far the experience has been good, however curious to compare apples with apples.

I find that depending on the market $300-500/mo are fairly normal and if compared to what you would pay with a single family home on some utilities, maintenance, and management, it's a good deal.

Hi BP community - I'm an investor with 3 SFHs in the Nashville area looking to acquire my first small multifamily property (2-4 units).I'm trying to determine the best approach for the 25% downpayment, comparing using cash that is currently sitting in a high yield savings account to funds from a HELOC on one of my properties.