To reduce your tax bill, consider qualifying for Real Estate Professional Status (REPS) by spending 750+ hours on real estate activities, which reclassifies losses as non-passive.

An electric dryer will run up the bill of that unit quickly , where a washing machine wont nearly as much . 

I am in North Jersey and I don't know any architects who would add the plumbing line to their architectural plans for future billing and property management.

And if any speak ill of it there billed a Nazi Fascist Bigot...... 

My name is Bill (full info below) and I live just over the Cape Fear River from Wilmington in Brunswick County.

You may want to get an attorney and hope RTR doesn't sue you.There are numerous posts here on BP with warnings about buying turnkey because you pay top dollar.

Accept whoever applies" is an idea that would cost you a bucket of money in the long run.Bankruptcy is usually a "no" unless it appears to be a one-time event caused by something out of their control such as a massive medical bill or a business failure. 

Quote from @Bill B.: Assuming you paid $430k, put down 10% ($43k) so have a loan balance around $387k and $100k in equity means it’s worth $487k.

He pays his rent, I pay his mowing bill.

If the unit is vacant, we don’t charge a monthly fee.For situations like yours, where the house needed extermination and other prep work, we would typically only bill for the costs directly related to the work or services provided, not a standard monthly management fee.Your expectations aren’t unreasonable—getting the house rented ASAP is a valid priority!