See if they will give you an estimate of the assessment for the property.

This would apply to your unit.Your biggest concern with setting the rent should be the near future. 1) Your insurance is guaranteed to go up, probably dramatically.  2) You may get an insurance assessment bill to cover the CA Fair Plan losses.

Your assessment is fair for sure.   

I am down for a coin or two once I can figure some more basics out a little better at least.

There will be no assessment for increase in taxes or insurance so remains at $1935.

My issue is that I don't know the basics and fundamentals of investing. 

Plus you’ll have experience and can better assess what you want to do next. 

Plus with it being a townhouse, you don't have certain controls like the HOA and special assessments.

•Make sure to research the estimated tax assessment post-sale so you’re not caught off guard with a much higher tax bill than expected.6.

thats basic list one can add.Value add /  New construction / land entitlements/ Timber / Minerals/ Lendingetc etc.. far more ways to actually make money than just buy and wait for rental income to payoff debtl