Add another $300 or so for taxes and insurance and you're at $2465 PITI. 

Get your lease, notices, and documents ready incase they put up a fight and won't sign the lease.

Then there’s fraud or misrepresentation, where borrowers inflate project values or provide false documentation.

Document all your efforts, including repair invoices and communications, to show you’re acting in good faith as a landlord.

Property taxes are 650, insurance 160, outsourced property management takes 10% of the rent, and another 10% of the rent is set aside each month for future repairs. 3750 x 0.8 = 3000. $3000 profit, minus about $2300 in mortgage, property taxes and insurance leaves about $700 cashflow, when I move out.

Either way confront it and document everything 

Quote from @Andrea Lucarelli: I’m interested in beginning my REI career with purchasing a SFH or condo in Cleveland area (safe neighborhood) to list as a furnished rental for travel medical professionals, supply corporate housing needs, or house temporarily displaced families for insurance companies.  

What kind of insurance do you carry? 

After a year at staring at insurance data daily, AZ insurance rates are only increasing marginally, while most states are damn near doubling.3.

You should have documented that in writing, but even a text message from him would likely hold up in court.You post the notice and give them the required amount of time.