The only thing that makes these properties turn key is the fact they are move-in ready for a lower income tenant with low expectations.

Since you're still living in the property, you might be able to house hack and keep the lower owner-occupied tax rate—worth confirming with a local tax advisor.

MTRs often have lower management demands compared to platforms like Airbnb while still generating higher returns than long-term rentals.

Also, the turnover will be much lower, but maintenance costs might shift too, so it's good to plan for that.Happy to connect if you need more tips!

Because the gutters usually a better solution at much lower cost.

Getting a lower rate will also depend on the amount you're putting down.

But based on that area and depending on the size of your cabin, you may not be as far off on your price as people here think - even with your lower revenue numbers (assuming you didn't accidentally give us net instead of gross revenue). 

Typically lenders will use the total rent being collect or the market rent given on your appraisal, which ever is lower.

This may result in lower rents and recoverable expenses, but it avoids a future lawsuit against you.

*Affordable – Next, Phoenix has relatively affordable properties in comparison to other top metro areas such as Los Angeles and San Francisco, which means that investors have the chance to purchase homes at lower rates, thus increasing their profit margins.