I am new to real estate and based out of LA looking to learn more about out of state investing! 

But the overall ROI is based on the year.  

My only other bills are phone, insurance, gym, and student loan.

It seemed like they didn't have much data for my area, and looked like they were applying the same comps for the whole zip code, even though my area can vary a lot based on the sub-neighborhood. 

It's free with BP-pro, and offers phone apps for both landlords and tenants.Good luck,Ruoqi 

My only other bills are phone, insurance, gym, and student loan.

We had an inspection done and and then negotiated the price down to $197,000 from $250,000 based on the fact we would allow my husband's step dad rent a room during ski season, the faulty roof, and other issues with the property.

Based on what I’m reading (2% rule, 50% rule), and the cost of property management companies; it seems better to just sell it for its current value of $550k and invest the equity.

@Jaime Powell - hey, we are based in the ATL, and I've closed several loans (fix/flip, rental, STR) in the Augusta market.  

Please respond on this post if you are interested- I would love to buy someone a coffee in the Indy area (or set up a phone call)  in order to discuss further!