I've been researching this for myself as well, and I've come across two companies that are designed to handle the property management and cleaning services for you at a nominal fee.

It may make sense to confirm it'll be within the new North Creek High School boundaries and when that opens I think you'll see rental rates continue to edge up from there.In terms of your numbers, I rarely consider appreciation as part of my calculation but that looks reasonable, however, your closing costs are low.  

If it has never been moved(except for set up) and is on an FHA approved permanent foundation this is an important designation moving forward as it will qualify for FHA financing when the time comes to sell. 

I closed one today.. in Charleston but that is rare for me.. too much throwing stuff up on the wall and see what sticks from those folks. granted they can bring some deals.. but anyone contacting me wanting to put me on their buyer list I really don't respond to.What ever happening to apprenticing in the industry to build up capital and experience I guess the internet has given this illusion.now granted in some markets were you can trade houses like your trading cars it can be done.but in the higher priced markets pretty darn tough without some expeirnce and some jingle in your designer jeans.

Confirm from the beginning they have the capabilities to make it happen...

@Brandon Battle Thank you, that was what I thought just wanted to confirm.

I am a marketing director/graphic designer who has always loved interior design.

I was talking with Jeanna Ashley (VP of River City Bank) a couple weeks ago and we discussed what she thought was a good price range for rental homes, she confirmed what I already knew... under $100k (Single Family Homes) tends to be the sweet spot in our area.  

Some underwriters will require you evidence the unit is vacated by ordering the appraiser back out to inspect and confirm while others will not, I've had both types of underwriters.

You are the end product of their meticulously designed sales pitch, and they use every buzz word to lock up your emotions in just the right way.