Look at the values of your 2 properties, consider any outstanding debt, calculate what your payment might look like on a cash out refi, compare that to current or potential rents.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Go to furnished finder and airbnb to compare rents and determine your rate.

., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.

You have less control with a property like this when compared to other asset classes.The upside here is that it seems there is room for negotiation because of the below-market rent tenants.If you're looking to put down $200-250K, I would recommend looking into a multifamily property, especially one with additional income potential. 

How does your property compare to local competition?

Anyone who is crazy high or crazy low compared to the others needs to be looked at carefully. 

So there are many more participants at the novice level who may not understand the risk/reward nature of this type of investment. 

This typically means lower down payments and better interest rates compared to traditional investment loans.

For one, you can't really compare broad investment philosophies.