It is basic math.

Every cost seg company offers free projections that basically do exactly what you describe.

You basically value them on comps, adjust with a flat number or percentage for condition and then adjust some more for investor discount.Due diligence is a pain for both the listing agent and the buyer.

I'm trying to get basic term sheets before i pay for an appraisal or spend money. 

.- Single, late 20s, living with parents, WFH, so living expenses are basically minimal as possible. - Making ~75k-85k/yr depending on bonuses- Currently have $55k-$65k available to put towards RECurrent thoughts:- Parents have done long term rentals for over a decade but haven't acquired properties for the purpose of renting and the "family business" hasn't grown.

After she walked us through how to see it as a guest I told her this is useless because it is basically hidden and not obvious for the viewer. 

I’d recommend getting a contractor (or even two) to walk the property and give you ballpark estimates for both a basic rehab and for adding ADUs/expansions.

You don’t get to deduct the mortgage interest on the old loan as investment interest on Schedule A, since that’s personal interest on your prior residence.Where it does get tricky is that you’re basically in the middle...you’re receiving interest from the new buyer, but you’re also still paying interest to the bank on the underlying loan.

It appears you don't have a basic understanding of the laws regarding conveyancing and how the priority of interests is established. 

Also, make sure your lease outlines basic tenant responsibilities, like reporting issues quickly.When it comes to tenant quality, strong screening matters more than just lowering rent.