Let's also assume that this would be the total cost of purchase, repair, etc.Guesstimating with the 1% rule, let's suppose that this property can reliably provide $500/month rent.

Look at comparable properties on AirBNB/VRBO and see how occupied they are/what their rates are.  

Hi Joe -- just going through some hypotheticals - I am seeing some "gurus" preach the sandwich lease options as gospel while others do subject to and then lease option the property -- under which circumstances might one strategy be better suited compared to the other? 

Looking to build a list of reliable and returning buyers, hope to connect with you soon.

It's unlikely they will consider the overall cost when comparing to another property without, and, you're likely stuck being the tech support guy when it doesn't work.

HiI am planning to buy vacant lot to build a house and sell.what should be my lot cost compared to sale price of House.Would appreciate any response.ThanksThripura

- What's your current basis in the rental property (what did you pay for it/put into it) compared to value?

It is good information, but you really want to compare to market rate. 

Once you have several to compare you will get an idea of what the average for your situation is.

Wanted to compare their scope of services offered / pricing.