It seems like it will return ~$200/month pure cash after all mortgage payments, fees to Doorvest, maintenance, vacancy fees, etc., I will update the exact number in this thread in the future. - Here is how Doorvest works in general: The houses are only located in Houston.

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

$15k co-host, $6k insurance, $34.8k P&i (7%, 30 year DSCR), $5.5 prop tax, $12.7k utilities (mostly propane & elec), $7k maintenance/cap ex (3100’ with class A finishes), cleaning $24k (8 turns/month), then the small items. 

We don't have the Midwest weather, high property tax, old homes, high insurance, high maintenance, or state income tax.

We respond to inquiries, but if someone did the things you suggested to try to track me down instead of following the advertised protocol I would disqualify you as crazy or a potential stalker or just high needs or high maintenance. 

We have our maintenance tech go out to diagnose and fix the problem.

Value add ( do you want to do reno/raise rents), or stabilized (income producing, lower maintenance). 

they're often much more expensive than they appear because they have deferred maintenance that has been adding up over decades. 

I see a lot of LL compare their old unit that hasn't been remodeled in 15 years and has delayed maintenance to some newer units.... they create a vacancy but jumping to what they see as market and that vacancy and remodel costs them tons of $$ that takes YEARS to catch up on with that jump to market.

However, these costs can often be added to your property's basis, which helps reduce capital gains tax when you sell the home.Once the property is officially a short-term rental, subsequent repairs and maintenance would likely qualify as deductible expenses.