Thanks for the response @Ellis San JoseAs for that letter I am not an expert in this area at all so I would like to find that "perfect" text to get MOTIVATED calls.I'd think that you would want to indicate something about buying "As Is" or being able to close fast or something that would at least give a hint that you didn't just walk by the house and fell in love with it.That is more or less what that other letter sounded like so not shocking that there were a lot of calls, from people thinking they could get full retail (or above) for the place.

If you're moving in, rents in the area are rather irrelevant at this time, other than an indication of value.If it's rented, it's not owner occupied and if you'll be living in it, that is going down the path for the SAFE Act issues.

If she's a tenant any landlord would want and she can afford the rent long-term, then your buyer will be getting a good deal and you'll get out of the property with minimal damage.If she's a problem tenant, however, then you're selling a problem to someone that they're locked into for the duration of the lease.

Assuming I pass it, how would you recommend I find a broker to employ me as a sales person for the most minimal fees?

Mike out of curiosity what indicators do you use for setting rent?

There is a demand for rentals in the area so I hope to have minimal carrying costs.Right now I am trying to focus on that fine line of having it nice enough but not spending too much.

Government, an economic indicator that relates to labor, material and services.Marketing aspects of related industries, from timber to plastics.Insurance companies watch trends as it relates to new costs of construction and trickles through to premiums and losses.Hedge funds, the mortgage industry, securities, REITs are related to macro assessments.My point is that the closest aspect of macro numbers to your market is to motivation of buyers and sellers, temporary attitudes that may tell an owner "I should sell now" or "I need to hold off" but usually these temporary motivations or attitudes don't make it to the level of making a buy or sell decision, all such thoughts are simply indicators to form an opinion to lean toward further analysis of a personal situation.All real estate is local.

A smart move for any investor I thinkThe condition is clean and repairs are minimal around 5K to get it back on the market for rent.

Outside of this, if the house is vacant, the risk is minimal.

I don't necessarily see a correlation with age as you have indicated, but rather with location (most important) and quality of the asset.