You apply a cost of capital for you, say 15 or 20 or 25% (this is accounting for your risk tolerance) and it will land you on a present value and that would be your offer.

It's all based on your risk tolerance, your desired returns, and how much work you want to do (either yourself or tasked out).

Most here are very serious people and with little tolerance of goofing (that is why I love being a goofball here).

What's your risk tolerance?

We help both first time & savvy investors quantify their invested equity and plan the ideal buy/hold/sell situation that coincides with their risk tolerance and time horizon. 

If it's legal and the market will tolerate it it I would just have the tenants put the bills in their name and take the extra risk and effort off of you.But that doesn't answer your question.

It is important that you know your risk tolerance and your objective.

I am the type to make business decisions on the dollars but when it comes to tenants disrespecting my investment I have zero tolerance.

Long term tax implications especially if you live in a market were history has shown significant value increases.. and the reason I say that is the homeowner tax exclusion of 250 single and 500k married is one of the best tax treatments in the US>. so folks that live in high appreciating areas this is quite significant. 4. then lastly whats your tolerance for someone else telling you how to live in the home and such..

Is this the appropriate risk tolerance level for you?