The property will cashflow around $500 a month after all expenses.  

@Jason Dubon I use a percentage of the rental income to prepare for expenses.

I kept the rent low because the tenant was there for a long time. 

Low employee needs.  11.  

House hacking could possibly at least cut that painful expense so not saying you shouldn't do but really watch your numbers.

Back yard landscaping is usually the biggest expense at $5-6k for artificial turf and rock, but doing this sets you apart from the others.

These platforms typically have billing policies where you pay a per unit fee per month to the software and you get regular updates and support each month.There are a number of low-cost platforms available that are able to offer you a lower price by passing along some of the costs to your tenants (payment processing fees, applications, tenant screening, etc).

.- So, you may want to consider locking in an interest rate via a 2nd mortgage.Do you have reserves for unexpected expenses?

They should have the option to install a security alarm at their own expense.

On these very forums you hear countless stories of "I lost 5K and can't pay for me medical expenses".