I am not saying that the agent is lying about the property generating 33k a year but I would definitely be skeptical and double check the market rents. 

An imperative number is the gross income the property is currently generating.

I'm generating $11,400 in gross income and my total expenses are at $4,400 for the year after taxes, insurance, mortgage.

@Jay Hinrichs As a STR owner, I use the internet to generate exposure for my property.

Hi @Mrunal,Thanks for posting in the forums.However, we do not allow self-promotion, and posts looking for real estate agents tend to generate a lot of self-promotion from the agents on the site.We've locked this thread so it doesn't get filled with these posts.

You could invest in Propstream, Propelio D4$ app, and an Investor Carrot site for a total of ~$225 which will save you a lot of time and generate some leads through SEO (via Investor Carrot Site).

Recent example, I purchased 2 fourplexes that generate a total of 5k a month in rent for $290k. 

First and foremost, you need to generate some income, i.e. get a job, so you can save up enough for that initial down payment, plus enough for closing costs, cash reserves (in case something breaks and needs to be repaired). 

Rather than selling the current house, I have been thinking of alternate ways to make use of this property to generate a side income stream. 

I’m confident I’ll remained employed as a solid/proven revenue generator for the company.