Make sure that the rent you want to charge is comparable to what is out there that is similar in area, style and square footage to yours.

So I haven’t done much on that property type specifically but on single family / smaller multi, I’ve met MANY a small time mom pop style landlord who really truly has NOTHING for their paper trail… many a time you figure out 1/2 their units paid in cash and they may not have had to report to taxes…And they weren’t really running things like a business owner, but almost like an employee who hated their job or didn’t really know what to do..  

Since you aren't going to be there in person you need to find someone who's easy for you to talk to and have a similar communication style. 

@Alex PetsopoulosFee Simple is an ownership style that just means you actually own the land and structure that is on it.

Purchase price: $245,000 Cash invested: $60,000 Sale price: $346,000 Contributors: Dominic Turco, Katie Kepler This charming bungalow style home is move-in ready and features lots of new finishes throughout.

If you sell can you upgrade your wealth faster and make an easier life style for you?

Age of home, condition, style, construction type, cost to rebuild, flooring, roof age condition and material, siding, windows, HVAC system, plumbing, electrical, landscaping, driveways, and on and on. 

He gave me 3 old style televisions when they were actually worth something at the time.

I have a 2 bedroom 1 bath cottage style house in Lakeville, MA across from a beautiful Lake. 

What style of property or project are you looking at?