Rents are actually the same as my expensive properties here, which cost 3 times what a comparable house in Fresno costs.

My thoughts If I Keep: I could keep the property and rent it out for around $4,000 it looks like and would make approx $1400/mn before expenses/Cap Ex, assuming I manage it myself.

Those are all fairly costly markets to buy in and MTR rates, while good, wouldn't likely cover your expenses if you don't already own in those markets.

Hey Nick, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

And that is expensing.

It does not include photography expenses. 

...wait until you hire an amateur.This is what the amateur gave me.This is what the expensive pro gave me.

Having a license is cheap, being able to use your license in any meaningful way is expensive.

It's quite easy to get overwhelmed, especially when reading things on BP forums, as you will find yourself researching many different things that people mention to have an understanding of the conversation if you don't have prior knowledge in the field.

After all expenses I've shown a loss on my tax returns the last 2 years and it wasn't just a paper loss.