We are debating between renting this home or selling to get into another deal, comparable homes in the area are selling for $120-130k leading us to believe we can profit about 50-60k, but we think we could rent for around 950 a month, netting about $250 of cashflow after expenses if we decided not to sell.

I know monthly rents are king but I guess I’m looking for an example of a good deal and a bad deal in numbers so I can compare. 

There is always an element of risk. 

Input your property info and the rent you desire and it will tell you if you're priced low, high, or average compared to comps.

Has any had any experience as a landloard with propane heating compared to oil?

The advantage on MLS listings is that you get to see a lot of deals in a consitent manner and that will help you to compare and get a sense for what makes a good deal.

Austin/Texas have very strong markets when compared to many other parts of the country.

Have you compared?

If he is comparing funds to single-asset syndications, yes there are differences.

Until then, the combination of Listsource and RealQuest (both from Corelogic) would be our recommendation, and the closest thing comparably.