I live in Broward the first thing i would do is search the Broward County Property Appraiser below link and at-least find out who owns it You could call them see if its listed or if there looking to sell http://www.bcpa.net/RecAddr.asp

IE- ohh I put management but it is 2 units and it is commercial.View report*This link comes directly from our calculators, based on information input by the member who posted.

I am always watching rents in the area though, frequently looking at trulia/padmapper/apartments.com/zumper/craigslist ads and snap a photo of every "for rent" sign I see to call up and find out.There is a lot more variation than simply how many bedrooms a place has and where in the city it is located in, property condition, layout, density, and the environment around it factors into the price a lot, and rentometer doesn't give you much insight into that.

@Hamza F. the loan amount can be a factor in regards to your rate. 

ThanksView report*This link comes directly from our calculators, based on information input by the member who posted.

There are many other factors to consider- looks like you haven't factored in Vacancy, repairs, CapEx, Property Management fees (once you move out as primary residence- unless you're willing to manage it yourself) which eats into your overall cost of Investment/ownership- from the numbers you gave it seems like you'd be at a negative cash flow if you factor all these in.

I removed property management as it is relatively close to home and I'm thinking I can get the tenants to do the lawn care and snow removal.I would appreciate any and all inputThanks BrianView report*This link comes directly from our calculators, based on information input by the member who posted.

Make sure you factor in the higher turn over costs (bed bugs, rehab, court fees, etc), vacancy and management, whether self managed or not, it will take more time and effort than normal and require a hard nosed manager to keep it running. 

I've talked to a few people about doing rentals and most of their responses are about the same "start of with a cheaper small house, rent it out and gradually work towards getting more lots and then work bigger towards dupleces and so on" I need direction for learning tools I really am starting fresh, I don't have knowledge really at all on market what factors that are in play when going to buy a house or renting it out or anything like that.

View report*This link comes directly from our calculators, based on information input by the member who posted.