I just got my first rental property and finished the rehab (yaay) and am about to list it.

I live in Ca, this property includes a liquor license.  

I'm at 2200 Sq ft with 3 bedrooms, a major living room, and a climate controlled finished Florida room. 

We just finished rehabbing the upper unit and are now looking for renters for the upper. 

Not saying they won't happen, but it's just a matter of when and if an economy could support these projects from start to finish.  

The rent needs to be 1800-2000 to break it even ( including maintenance and PM). 

The other options include: -moving into the property for a year to qualify for loan products such as FHA or conventional.

If a hilltop home was a potential purchaser's goal these are some estimates we got for professional work:Getting power to the hilltop will cost about 50-60k according to the local power company. 66k for overhead lines, 52k for buried (not including trenching). $3600 for a septic permit & design about 50k for sitework (very long driveway), though foresters have noted the potential for NRCS funding for road improvement and invasive species management (i.e. clearing the 8-acre area which has blackberry bushes galore) which we are in the very early stages of looking into. 

You have to run your own numbers but compared to a 203k loan the NACA lower rate and no closing costs were a slam dunk even including the potential 25k.

Does your lease agreement include verbiage that holds them accountable for issues like that?