This would have to be an off grid property as there are no utilities in this area.

I'm in Texas as well (Dallas area) but we don't work with clients that have rentals in NY so we wouldn't be the best fit to work together but more than happy to chat for a few minutes.

Networking with savvy realtors and other investors in your area could be a nice change of pace.

It will make your life easier since potential clients will be able to look you up on the NMLS website to verify you are a legit loan broker.

My concern is the rough looking Valero corner gas station plus area around the gas station coming off the highway exit to go down the street into the Lennar subdivision. 

The value of a 1-4 unit is determined by comps in the area and most of the time it will be based on similar homes sold in a nearby area within the past few months.

I can tell you are a bit more than a drunken sloth LP!!

So it will be $28000. total then I need it to be shipped from New york port to New Jersey, Atlantic city (where I live).

The reality of it is if you're going to rent to people you are a business owner and viewing your assets that way is something that they fail to point out a lot of times in books and seminars urging you to take immediate action.

It seems like selling and renting is the biggest wealth builder in the end Rent in a lower cost area with a lower monthly payment and use the difference gained  to invest in the stock market ( which would yield around 8 percent) Keep the primary and hold it long term ( average appreciation in california from what I could see is about 5 to 6 percent if you look back in time Keep it as long term rental ,it would rent for $3800 current mortgage is 6150 $ - doesnt seem smart to me Let me know if you need any more details in order for you to give me a better answer or insights