Busy roads nearby?

There are no other $100,000 home values nearby for comparable properties, so I have some trust in the number.

For example, if you are big into sailing Hobie Cats, then you probably want West Coast (wind, but not much for waves) and meet ups or clubs nearby, like Gulfport Marina (in St Pete/ near Tampa).

Are there a lot of job opportunities nearby?

Plus if the rental is nearby you can see and touch it. 

And not much info based on comps- theres only a few nearby so I see what you meann about low inventory!

Denver's taxes and fees are very reasonable.It's a 1 BR 1 bath, with a full kitchen and a separate entrance, so our place attracts travelling nurses, corporate guests, house hunters, and a lot of grandparents coming to visit their grandkids that live nearby.

I have been exploring rent by room lately and happy to exchange the knowledge.I will start with some gotchas:Lease: Two ways this can be done 1) Master lease and put each tenant on the lease, that puts peer pressure on everyone to pay the rent, keep the property clean etc. 2) Lease separately for each room, flexible renting and everyone isn't bound to others' wrong doing, tenants might prefer this.Utilities: Three ways I have seen people managing utilities 1) Include average utility cost in rent and take care of all utilities yourself and have a cap at max utility after which tenants chime in 2) Utilities are paid by tenants but that could cause issues when renting by room and one person is overutilizing electricity etc. 3) Fixed cost of utility charged to tenant monthly and anything beyond that is paid by landlordProspective tenants for rent by room: 1) Students attending nearby colleges, put all of them on one lease and have them find roommates, put their parents cosign the leases, 2) Traveling nurses, they're catch all when comes to rent by room but usually short term, 3) Rent out by room to any individual professional, this creates more management overhead but keeps vacancy lowCommon Areas: Try to setup such that common areas are avoided by tenants as much as possible.

We paid it off 3 years ago and have enjoyed stock piling money and becoming debt free but now we are eager to get into the business of real estate investing.

I have a nearby property with a dying oak I need removed too.