I generally don't bother with annual increases, especially if I like the tenants and am happy with the home's performance.

Estimated rental incomeDo you have any advice, or recommendations on calculating these variables in a timely, accurate way when running the numbers?

You need "boots on the ground," to help you assess the property and give you an accurate picture all the way around.

The reason I said have a solid plan is so you can get an accurate quote from everyone, compare apples to apples.

Deflect this as much as possible, "without interior pics we can't accurately make an offer today", "we typically walk properties before getting to the numbers".

Its times like that, that they have broke even or even lost money, so its critical that you get very good at accurately estimating the rehab costs.

Also, be on site to talk through all the renovations, and have a printed list of the improvements you performed.  

I feel that a property needs to be staged beautifully in order to excel in the market so that is not the place to skim. in order to give a more accurate opinion I'd really have to evaluate the properties as there's so many variables, but based on generalizations this would be my evaluation.

Also, make sure your work performance is not negatively affected by your side hustle goals.

We ended up contacting a property manager to get some more accurate numbers (sell price vs. rent) and we ended up deciding to rent it out when we move.