Here is an overview. https://www.reubenlaw.com/cali...I would also look into utilizing SB35 which is another state law that can get you planning approval within 60-90 days which is light speed compared to the 12 to 24 months it normally takes - or longer if there is community opposition to the project. 

When I initially took over this property over the rent was incredibly low compared to market rent comps.

@Brittani Kathryn I wouldn’t consider Michigan a “landlord friendly state” but compared to California I guess it is 😂.

What would you guys say is the rent premium for a newly constructed SFR compared to a similar home that has been recently remodeled but is otherwise say 40 years old?

What are the differences if any to Airbnb Write offs and tax benefits compared to traditional rental or small multifamily rental properties?

And that being said, it also has different set of rules compared to non-historic properties, it seems.

Did you take any additional or modified screening steps with this tenant compared to another? 

As of 2019, jobs in Austin's tech industries totaled 161,433 or 15.8% of all jobs, compared to 8.7% nationally. 

For considering deals, your buyers are going to want to know stuff like repairs that need to be made, condition of major things such as roof/HVAC/plumbing, property ARV (After Repair Value), a few comparable properties for the ARV you came up with, and plenty of quality pictures of the property.

The way to determine rent is to compare your property to comparable properties and the rent those command.