You simply want to know what price you could potentially sell for so you don't overpay and end up with negative equity.Cap rate works better with large multifamily for various reasons, but can technically be used for all property types if you like.

In fact, you are better off not saying anything.Note:  Technically everyone could be in a protected class. 

@Lee BrewerI'm not a seasoned landlord, but I am very seasoned with writing leases and dealing with tenant-landlord issues from my work as an agent. 

I appreciate this program because it pay quickly with any damages to the property issues after the tenant departs.

They are getting what they really want, and you are crafting the deal to where it will still make sense for you.One potential issue is if what is most important to them is most important to you as well.

If you're talking about CC debt and low credit scores I encourage you to correct those issues.

I have my contractors out there, and if I see something that might need to be repaired soon, I just get it done, while others will wait until an issue comes up.There are 3 different kinds of people in this world:They all walk into a property:Person 1: "wow this is perfect for rent, there's nothing here you have to do!"

I.e. a gas water heater at a certain age will get replaced while a property is vacant (or when they first acquire it) rather than waiting for it to fail and cause damage/tenant issues.

If you’re not interested in managing it interview a few property management companies and pick the best to manage it for you so you don’t have to deal with maintenance and tenant issues.

In my case, I made sure everything had a full rehab after we bought so that the number of issues would be relatively minor, and it turned out that way.