He calls from a California cell phone, claims he is currently in Scottsdale AZ, and then has to look up Buckeye AZ on google maps to find out where I live.

Why would anyone think that the price of rent has anymore to do with "greedy" people than the price of a new car, or a new cell phone?!?! 

@Mary Eubanks, I look for $50k minimum projected profit or 20ish%, whichever is higher.  

I had people say even a few hundred bucks too much free info yet have a $1000 cell phone.

Whichever route you choose, getting started is the most important step.Hope this helps, and good luck!

My family is very frugal and minimalist, so other than food and baby stuff and a monthly public transportation ticket, 10 dollers a month for cell phone,  we have no expenses.So what do i do with all my income?

Whichever makes more sense for you depends on your budget, target areas, ROI goal, etc.

The IRS generally allows deductions for second homes if you use the property for personal use for more than 14 days or 10% of the days it's rented, whichever is greater. 

I never commingled any funds because whichever prop it was, I utilized the checking account for each property.  

Louisiana law states that any tenant who breaks a lease and leaves early (except under some circumstances, and this isn’t one of them) must continue paying rent for the duration of the lease or until I find a new tenant, whichever happens first.