Most of my clients who made the purchase through me and then the ensuing management fall in the following buckets a) Second home owners - people who want to have a home with personal use and can still break even or make a little money b) tax buyers - looking to offset income with some cashflow and future appreciation c) true pure investors. 

Purely as a guess, I'm 90% certain that you should have made it part of the lease clearly making it their responsibility. 

Arizona has solid pop growth (2.45%), but its moderate job gains and higher costs make it less ideal for pure cash flow vs. speculation.Better Landlord Perks: No rent control, short eviction periods, and moderate taxes make management easier than in tenant friendly Wisconsin (longer evictions, strict protections) or Arizona (some urban rent caps).

For example, in NJ we are basically pure ad valorem system, w/o homestead. 

It seems like it will return ~$200/month pure cash after all mortgage payments, fees to Doorvest, maintenance, vacancy fees, etc., I will update the exact number in this thread in the future. - Here is how Doorvest works in general: The houses are only located in Houston.

I understand that isn't what you thought initially but 15k is insane to get what you got and ended up with.There is way to much social med. crap that "get rich quick" is a pure and total smoke screen regarding real estate.

The sweet spot usually lies in a 65-70 LTV loan, but it is purely dependent on the type of property, size of the loan, the monthly rent, and interest rate. 

It lets them close fast, renovate, lease up, and then refinance into a long-term loan based purely on property cash flow.

Originally posted by @Charles Kamen:This is purely hypothetical but I had an idea that I could explore if it's even legal.  

I have moved away from purely cold calling.