@Brian Fuerle Another thing to keep in mind - Massachusetts, and maybe NY, hires "testers".The sole function of these people is to pretend to be a buyer or tenant and to trick you into saying something that they can claim is discriminatory.I talked with another agent a few weeks ago. 

If it is there and functioning and they just want an upgrade they are free to do so. 

We added value by updating the furnishings, integrating systems, raising prices, and improving the overall functionality of the house as a business operation.

Quote from @Nicole Allan: I am new at being a landlord It's hard to give directions without knowing where you are and where you want to go.Generally speaking, you want everything functioning well and clean.

There is a inverse relationship between rent and pain in the ***   With higher rents, you tend to get more functional adults.  

The consumer MLS site in Sacramento is metrolistpro.com.They have a "recently sold" search function which gives the selling price.

It's possible that the estimate is slightly lower than the actual costs due to missing readings for one of the gas meters and the lack of a reading for an electric meter.To maximize the rental income, I recommend making the onsite washer and dryer functional and offering storage units that are not currently being used by the tenants.

It functions very much like a normal deal, you just need specific paperwork includes.

As a long distance investor you will want to make sure you work with a property management firm like Bungalow specifically built for rent-by-the-room strategies as they function more like long-term AirBnB’s.

I know of a functioning garage for sale for $6MM in Manhattan, if you have any interest.