This site is filled with more information than you could ever imagine!

With only $1,000/month as the monthly payment I would imagine it'd be pretty close.

Zillow recently reported the top selling kitchen color to be wheat...how they arrived at that I can't imagine.  

I would imagine that bug/rodent control and problems related to humidity will end up costing more, but how much more should I plan for?

I would imagine I should also probably run a title search and make sure there are no outstanding liens on the properties.

I imagine EVERY party who has paid interest on their business Loans can claim so.

@Wayne Brooks makes sense about re/max and kw. i can't imagine companies like redfin follow that same franchisee model, though.

I imagine that the length increases by some amount, but I doubt it would be a full year since many tenants feel fine riding out a month-to-month lease until they decide to leave.Do the downsides (forfeit of owner ability to increase rents after the year and potential to get stuck with a trouble tenant constantly calling for minor repairs) compensate for whatever this additional length of stay is?

Just imagine that you are going to be hiring the cheapest guys in town to do it, because that's essentially all home depot is doing.

My recommendation would be to get into the local REIA AZREIA.org they are one of the best in the country and you can learn tons and meet seem great contacts.I have looked at some of the 'flips' in scottsdale and in my opinion many of them are Subpar so if you produce a superior product than I would imagine that as long as you can find the right deal you will not have any problems.