You will never see 2.25% again, 1600 a month on 150-200k in equity is an excellent return.  

Just a heads-up: with the way the insurance market has been here over the past couple of years, this is accurate as of today, but things could look very different (for better or worse) in 6+ months.

I need long-term renters as a back up.I saw a basement apartment for rent in LauriaVille in a gorgeous remodeled home that’s been listed for $1050  It’s been sitting there a couple months and that concerns me because that’s not a lot of money for quite a bit of space in a great house.It’s been sitting there a couple months and that concerns me because that’s not a lot of money.

They will usually want to see you have the capital for closing costs and some "reserves", meaning they want you to have a few months left over to cover any surprises.

I think the most I could possibly get monthly out of the property is 1000 based off of rentometer, zillow, and BP.

This gentleman has made 13,000 cold calls in 6 months.  

I will probably do one starting again next month. 

I reconcile our trust account each month in about ½ an hour.

I had one short term rental that was granted a permit earlier this year and I have been operating it for months now as an STR.

Let's say it's $100 a month and the cost to install a fence is $3,000.