If you have a general idea what percentage is typical with other properties in a particular market, that's a reasonable place to start, but then you still have to adjust for the condition of the property (and other attributes such as how many bathrooms).

You only have recapture depreciation. 4) If your gain on sale is more than 250k the gain attributable to rented portion can be deferred with section 1031 like-kind exchange. 5)You can deduct mortgage interest and property taxes expense on the rental portion and remaining personal portion can also be deducted as an itemized deduction on a personal side.

With fewer strings attached, you'll have boots on the ground and be able to learn geography, logistics, and neighborhood attributes, plug into the community, and meet a great agent.My ATL-specific advice is to consider how the following factors fit with your current and future personal/family situation and your investing strategy/goals: Costs and challenges of the cross-country move; how long you plan to own a property; self-managing vs. paying for property management; expected time in new job(s); income trajectory; commute time/traffic; school system quality; childcare (cost, availability, logistics of childcare); and expected work schedule, etc. 

@Steve VaughanI don’t live there but I always liked a saying attributed to Texas“He’s all hat and no cattle” I had my 12 year old son help me install a complete set of kitchen cabinets and I dare say he seemed to actually enjoy it.

There are multiple factors that all play a role and there will never be a quick and easy solution.....Rising cost of housing and overall cost of livingStagnant wages...... lag FAR behind increase in cost of livingPoor education systemPoor family system..... if you get raised by a deadbeat loser, you will probably be one too...Poor healthcare system...... cost and availability of careMental illnessDrug and alcohol addictionLoss of lower level blue collar jobs..... those jobs are disappearingGeneral loss of a hard work ethic in our societyALL of these play a role....Attributing it to just being" lazy" is absurd....... just like when morons tell people with clinical depression to just "shake it off and put on a smile"...... might as well tell the guy with cancer to "rub some dirt on it" and get back out there.So personal citizens and LL should be held responsible to fix it....... and the government should fix it..... but we don't want big government....we don't want higher taxes.....we don't want the government telling us what to do.....we want our freedom....... so make up your mind

I am in no way affiliated, but I attribute most of our success to AirDNA.co (not .com, it’s .co) This is a data scraping company that gives back-end data on AirBnB, Booking, and Home Away.

I attribute this mostly to not purchasing correctly while calculating expenses incorrectly from the start, but that's a topic for another discussion.

However, I've noticed that arguably the most important Attribute is being able to  "pull the trigger".

At least in my area and after doing some research with the city; appears that if any house is currently being used as a Multifamily (3+ units)....or can have documented use (such as a utility bill) of being used as a multifamily in the last 2 years, then it  can continue to be used as a multifamily.However, without these attributes, then the town ordinance does not allow for multifamily and everything in town is zoned as single family (SFR).  

This price increase is largely attributed to the limited supply, which is not meeting the high demand.