You should check out Johns Creek sometime as the demographic make up and schools, population growth, per capita income, job centers etc are almost identical to that of Irvine in 1995 - 97.

Size does.A good comp is an exact copy of your subject house (the one you're trying to value) that's right next door, in identical condition and sold yesterday.

,Concerning renting your Single Family Home:My tenant is responsible for ALL of the Utilities at my SF House, that he rents.That includes paying the Water and Sewer Bill.He is also responsible for Lawn Maintenance, Snow and Ice removal, etc.He must provide his OWN equipment and supplies to do the above.If I get a Fine, because he didn't do any of the above, it is added to his rent.Raymond

Also stay away from MCMANN CAPITAL - WALT TROCK AND MICHAEL LANZA (they changed their company name from McMann Commercial Lending) GENIE INVESTMENTS - DAVID HUGHES AND MIKE CONNER.Read the attached post, this story is identical to mine and about 60 others scammed by David Hughes, Walt Trock and Michael Lanzahttps://www.victimsbelocscam.com/forum/victims-discussion/mc...I am out over $80K 

This point entails that identical IRR in a similar time-frame deal may produce different profits (which goes back to my second point - when and what profits were distributed!)

Please do so and bill me for equipment accordingly.” 

I manage risk in order to produce above average returns on investments (money, labor, resources, equipment, etc.). 

That would help recoup the cost of the equipment and the use.

@Robert Tinker alternatively, I have a bedroom in an identical unit with a king and it is CRAMPED.

After taking this course and reading other posts about RAL on BP forums, I feel very well equipped for this.I'm currently feeling a bit stuck at this point in terms of  getting the business plan together, getting property approved, finding tenants, etc etc.