Actually the comps say $600k but I don't think I could get that as it will need a new roof soon and there is asbestos siding that is still in good shape, but it is still a liability) I am still in the home until my youngest graduates in three years, but she is the only one left and when she is not with me (50% of the time) I am at what will be our forever home in NH. 

Im a new comer that want to learn and understand all aspects of real estate.

Some of the best ones I know started as flippers or also flip themselves and/or have rentals so they understand the risks to buyers and all the aspects that go into it and aren't just locking up deals and renegotiating sellers. 

I don't find too much value on this aspect, the valuation models are all the same, and your data wouldn't be differentiated.

But you need to take the emotional aspect out of it otherwise you'll get eaten alive in the long run.

From a legal aspect, 100% of the assets is real estate property, regardless of how we look at it for tax purposes.

I replaced two roofs on rental properties.

It is usually the people who the landlords delegate them to.Legal aspect is a good feature, but no one will rely solely on that.

@Patrick GoswitzThere is a crucial aspect known as specifications.

New roof.