if you think there is more equity there you could have an appraisal done… but some lenders will not re-evaluate a recent purchase for a set period of time… they will just stick with the old purchase price as its value (varies by lender) unless you can show significant improvements you did to justify a higher price. 

They ended up owning the house for 7 years and renting it out for below market rent before an act of the legislature and the signature of the governor before it could be sold. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

If the target client is a healthcare worker who makes 100K+ per year and is staying a few months they will want a certain type of area, whereas a person only staying a weekend wants to be near their "event" and is more forgiving on other things.

The property is equipped with modern amenities including forced air heating and central air conditioning, ensuring year-round comfort for tenants.

I have lived in San Diego 10+ years.

I am familiar with the step-up rate, and I honestly think she will be selling for very little if any more than what it's currently worth when she took possession of it this year. 

After a year, do it again.

We increase 4% a year in NJ, 5% a year in NY and CT. 

Savings of $30,000 a year.