I also read about some of the stores leaving uptown, and I’m wondering if we’re going to see a major swing away from our neighborhood in terms of rental interest.

We are heavily invested in each market that we operate in, but we have a specific business plan in terms of how many SFR, MF, commercial, new build, etc. type of investments that we want to keep for our own portfolio. 

So if the house is worth $300,000 and has $8000 of property taxes, even a $3000 (1%) rent doesn’t pay off very well in terms of ROI. 36000-8000=28000-30% expenses inc vacancy and leasing, = 19200 left. $300,000 home with 4% investor loan and $75,000 down.

It could be a game changer in terms of cash flow. 

The most natural thing to do would be to put together a comp sheet on competing opportunities in the area, but the number of competing opportunities is small and highly variable both in terms of characteristics and cap rate (an inn/bar/restaurant with some residential units attached, a mobile home park, a couple run-down 4 unit multi-families, etc.).

How to be legal compliant when renting the house out what makes sense in term of market appeal.

If permits were pulled and inspections completed, usually the property is good to go in terms of legal issues.

In fact there are now more agents than ever before.I know robots are coming for everyone's jobs across most industries, but I actually think real estate will be one of the more resilient in terms of the human element being necessary because it's at the end of the day it's always been a people/relationship business.

@Joshua Castillo  In terms of assessing if the property is a good investment I would also focus on: assessing the location, condition, and age of the investment property.

I agree it's pretty gross in terms of sexism, but I hope it's changing as people realize that gender or orientation has nothing to do with REI knowledge and know-how.