In looking back, I'd rather have had people available to laugh at my newness and questions and give me solutions, than have to take the time to figure it all out on my own in the heat of the transaction.

You know how much you need to live on (for you personally), what it costs per Canis familiaris to babysit, add in any licensing, insurance and rent, heat, water, etc.

The PM's charge a higher amount for rent ($1500 + $50 utility fee- 2 bedroom and tenants pay heat, electric and internet)  in our area than I expected and there were showings before I saw how the unit was that the prospective tenants passed on us.

Include basement and attic as existing.Turn off the water (if not needed for heating) at the street, and transfer all utilities into the owner's name.You may remove and properly store any tenant items left behind, and that is at tenant's expense (collect that amount before you release the items). 

I put lvp in all heated living area.

@Christina B. heated walkway is absolutely something that most won't have!

I get why you’re heated; losing a deposit stings.

Especially in older building or converted buildings from single family, we want tenants to have own electric meters and heat either electric or gas. 

It has two apartments that generate $28K a year and a basement where I have heated storage for cars and motorcycles that generates another  $12K.After speaking with a few banks I have been able to acquire some financing.   

I’m a licensed agent here, and the market has been heating back up with strong population growth, steady job creation, and rents stabilizing after the post-COVID surge.Investors are drawn to opportunities in the suburbs - places like Buckeye, Goodyear, and Queen Creek - where prices are still reasonable and long-term appreciation potential looks strong.Happy to share what I’m seeing on the ground and connect if you’re seriously looking at Phoenix - it’s one of the few major metros that still checks both the growth and quality-of-life boxes.Best of luck!