@Brie Schmidt discusses how budgeting could assist you with your $10k effort.Consider reviewing craigslist for your area as a resource to confirm available area rents, as does @Michele Bruce per her podcast.We don't give away fee to PMs for tenant sourcing or screening.You'll need a relationship with your tenant and it should begin before you agree to have them rent your place.Landlord work early in an investing career tends not to be an arms length effort.Be wary of trying to make it so for any stage.Yours is likely not really a question as to what to do with the equity you have in the home but more as to whether you want to be a landlord and whether your market is tenant rich.Good luck.

Another great source of information is individual blogs found in peoples signatures.

If you have access to MLS and can compare comps of rental properties in your area that's a great source to prove to your tenants they are getting fair pricing.

(listsource.com is one source of this info)

The service essentially marries the investor with the money source and manages the monitoring of the deal from beginning to end.I was wondering if these companies are viable option for hard money lending, what kind of experience have people had and what features are desirable for such companies.Thanks in advance for your replies.

Be careful looking at supplying Wi-Fi as a source of income.

The forums and podcasts have been a wonderful source of knowledge as well as information, and after lurking for a bit I suppose it is time to introduce myself.  

Another great source of information is individual blogs found in peoples signatures.

Another great source of information is individual blogs found in peoples signatures.

I am wondering if I can get an accurate way from another source.