Minimal HOA.Assuming that rent, 20% down payment, 50% vacancy rate, the cash flow would not be super, but one of the main reasons for my interest in real estate in the immediate present is the effect in reducing our taxable income, rather than for providing replacement income.

Realistically at this point you are wasting everyone's time hoping you can find a buyer later.

Obviously, my intention is not to mislead people and use my CPA designation as a lure since my tax knowledge is minimal at the moment.

Obviously, my intention is not to mislead people and use my CPA designation as a lure since my tax knowledge is minimal at the moment.

The reason I recommend this is that it is so easy to apply with a push of a button and you don't want to waste your time.With 150 potential applicants, your price point may be a bit low.  

Since the basement is (I assume) underground, you may need a sewage ejector pump to move the waste up to the main.The con is having someone on your property all the time....make sure you check them out very carefully!

Yes there is risk in leverage but if you buy right, you will minimize your risks. 

If it provides minimal profit, it might make more sense to leverage the equity into another deal.

My instinct is telling me I'm doing things wrong: that third party sites offer neither unique data, nor fresh data, and that I'm wasting my time browsing them.

I wouldn't waste money on lawyers until you know it's serious and she will need to be evicted.