There are also 2nd mortgage options as well. 

I want to stop being pennywise pound foolish and get things set up properly. 

Besides, make sure tenant has rental insurance that includes dog as well, if not they can take a separate pet liability insurance.

that will almost certainly set you back.hope this helps. 

I understand where you are coming from as we always did our taxes on turbo tax as well until we purchased rental properties. 

It’s an item in our roadmap, but maybe I just need to prioritize it to the top of the list in 1H 2024.Bottom line is that I allowed us to stop supporting it several years ago, in a decision I wish I could have back. honestly, I used to use the app personally as well.

I'm in Phoenix as well, started out house hacking and have helped out a few other clients to do the same. 

Set up a Joint account with the seller so you can make deposits to continue the automatic payments to the lender until you refinance the property.Thanks,Dustin

Quote from @Carson Hyland: Even if you buy the right property, failing to manage it well will kill your cash flow. 

From what I can see around here it is a landlord friendly state so when you turn your prop into a rental you should do well as long as the numbers are good.Acquisition is all about entry price.