If there is a tenant in the property expect that they will likely leave within 6-12 months after you purchase so you can expect to do a rent turn and budget for that.

My monthly payments (mortgage, insurance, taxes) are roughly $3,600, leaving me netting about $4,600/month.I have four years left until military retirement, after which I’ll have a pension, some disability income, and rental income from this property.

I've had qualified renters move into a rental, add their bum friends or family members, and then disappear, leaving me with bad renters who weren't approved and aren't on the lease.The best practice is to screen every adult, approve them, and add them to the lease. 

Just say "we are so sorry to hear that you had issues with the sofa bed" and leave it alone.

This leaves you with having to pay tax on the FFE allocation anyway. 

QB really is not made well for landlords and landlords leave QB every day for better software, payment processing is really expensive, and with QB there's no tenant portal for your tenants to schedule payments or push maintenance requests. 

The tenant fails to pay their last month's rent and leaves the place needing new flooring and paint.

On the other hand, Cleveland is losing population year to year and people are leaving the city.

For me, my clients are seeking high-paying guests who leave raving reviews, which in turn drives better bookings, not just more bookings.

I do not advocate for completely leaving 100% from the theater but a 90% draw down YES 100%.