This can help to support demand for housing and potentially increase property values over time.2. 

As Basit Siddiqui said, 2.9% mortgage has a big value especially with official inflation around 8-9%, you are basically getting free loan if not better.Renting will pay down your mortgage and you can tap into equity via HELOC if you need.You can also consider Airbnb if the location supports it. 

Offer support and assistance.

Thanks for all the support and Happy New Year!

The taxpayer may also be required to provide supporting documentation or evidence to support their protest.If the protest is successful, the tax authority may adjust the assessment to reflect the correct amount of tax owed.

what I find tough is trying to do this stuff on your own.. with out the support of others.. but I guess the internet has filled that gap for some.. 

Shop it around as they are all different.CAP rates are set by the buyers in a market however the bank will do the appraisal so in your case that will determine the value.Smaller properties like this will not be valued so much on incomes as it will comps and replacement cost.You are likely going to need 20-25% down, good credit, enough income to support your portion of the debt and cash reserves of probably 6 months.

It is a projection of that is feasible based on their OWN circumstance, mental capacity, risk management, and their perspective of life.In turn all the yaysayers, may just be overly supportive, hopeful, knowing that if you mess up it is not their butt on the line so it is a lot easier to support you from the side lines.So the true advice anyone can really give you is.. look at yourself.

@Anthony Vangilder, GREAT idea if you have the right team supporting you.

And while I hear a lot about "establishing teams you can trust" to do these things, it doesn't seem cost effective to have a team of support people for a single property.