Also there is an additional tax on the returns due to the financing. 

My recommendation would be to choose potential markets - in several price points - that have strong rental demand and year-over-year rent increases and that also are in markets that are appreciating. 

I’m planning to relist the house around April when the market typically picks up.

I intend on sending the tenant a bill for the exact repair cost as "additional rent" (per the lease) instead of evicting in the winter and deducting from the security deposit.

With strong market demand, it sold the same day for $185,000, resulting in a solid profit.

Here's an article with additional FAQs on cost segregation studies that you may find helpful.

It's not difficult to find tenants if the property is marketed correctly.

What is the property appreciation in that market? 

The opportunity cost of losing potential market gains in your retirement fund should also be considered.

For example, I have a duplex that I tried to sell off market through Facebook Groups.