Have you passed the tax assessment yet, or is this your first year of owning it?

I am trying to assess whether I should take it solo , leave it or scout an experienced partner.

Also this could be a potentially lucrative business partnership.

Given that I would pay 3/4 of the property's assessed value I think this could be a great opportunity.

Only with a definitive goal can you accurately assess your options.What I hear you saying is that you do want to build a rental portfolio. 

Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

When you posted your review, we assessed the unit to see if there was evidence of mold, urine or any other health hazard.

Is that a far assessment? 

I recently acquired my first primary residence and am seeing ways I can best utilize the space for real estate investing. The property is a 3 bedroom, 2 bath (one of the rooms is the master with its bathroom and acces...