So we mentioned that they will be liable for the paint expense which he thinks is the landlords responsibility to paint every three years.

So I have 3 days I can dedicate to my bookkeeping.However, I'm wondering do I need a bookkeeper to streamlined expenses going out. 🤔?

The reason being: we’d love to live long term in New England but we’re very discouraged by the housing market up here (a lot of expensive run down properties and seems like a lot of red tape) 

The second is a growing desire to manage risk through owning better-quality assets where unexpected capital expenses are less likely.

.; rent medians and lower and upper bounds, typical days on market before securing a tenant, local vacancy rates, tenants' typical income, education level, employment opportunities, credit, and rental history).

I would start by building out a basic P&L for what the property generates today vs. what it will generate in the future, and factor in any capital expenses required to get there.

The median rent in the area is around $1500.

In respective, I would say create the value (increase revenue, decrease expenses) and then after you do that call a bunch of lenders to see how they would value the property.

Our median rent growth was 27%+ last year & continues to rise.

For the said property the Zillow Rent estimate is $3500/mo ;  rentOmeter average is $3700 and median is $3800.