Platforms like Rentometer and Zillow can give you rent data to compare properties.Networking Locally: Reach out to agents and local investors.

I have rented out my previous residence- renters moved in 3 years ago.

In the meantime the borrower will just rip the rents if Any..

The units were undervalued in rent.

I am now living here for a year per the loan agreement but I am ready to move out and get it rented as soon as I can.

And that's even using the high rent estimate, a low vacancy rate (8% would be more realistic), and a very low property management expense (10% of rents is pretty standard), just for starters.If you personally were going to live in this property, it would likely be a slam-dunk...... but, as an investment, it's a money-loser!

@Andrew AcunaPlenty of arm chair investors that don't know the difference between a shoe horn and shoe molding.Regrettably the majority of tenant problems are created by incompetent landlords.You have read the posts....my tenant regularly pays late.

You may also need to show STR rental history on these properties from the previous owner if you are looking to qualify using short term rents.

Purchase price: $490,000 Cash invested: $150,000 Property generates $4,050 a month income, rents are below market.

And that is assuming that you can rent your property and at least break even even without a 20% downpayment - assuming it's a rental that you're talking about.