I'm sure there are plenty of options you can put on the table and assess reasonably.

My gut says I can sell it for enough to pay off the mortgage and the 401k and walk with $150k (although I'm working with a realtor to verify I'm not being too lofty with my assessment).

I prefer to stay closer to 70%-80% of ARV based on my personal assessment of the ARV (which may differ from the person I am lending to). 

Reading comprehension is key...

Make sure you factor in tax rate once its assessed as non-owner occupant for Indiana it changes.

The downside is assessments.

There will be a lot of near term disruption in the rental market but that very much depends on the market sector of the property. To analyze how each segment will fare the crisis, we created a table which we call, “Th...

Assess your realtors to find out if any have a strategic advantage in finding properties off market.  

Revisiting this one....apparently I was having some major comprehension and calculator issues with all of my above posts.

@Julie VerardiThere are a couple challenges with investing in Co-ops in NYC.1) The bylaws may forbid you to sublease or require you living in the property for a period before subleasing it.2) The Co-op may charge you a sub-lease fee in addition to monthly maintenance3) The co-op may require that they have to interview your tenant before they can move in.4) The co-op at anytime can require you to make a payment for any special assessments they plan to build upon.Pro is that the Co-op will take care of all exterior repairs like common areas, roofs, repairs.Co-ops are also cheaper than their condo counterparts.