Other than that, you still need to include insurance (interior coverage), power/water, property tax, mortagage. 

May I ask for recommendations for insurance providers?

Can anyone recommend any good insurance folks in Phoenix?  

Because your principle and interest payment is probably hovering around $2,800/month, not including property taxes and insurance, maintenance and any allowance for capex.But forgetting about cashflow, your return, even if had NO expenses or payments of any kind would be around 3.6% based on a valuation of $1.3m.  

If that number factors in maintenance, vacancy, capex reserves in addition to both principal/interest payments and the taxes and insurance I would definitely do the deal. $2580 of annual returns on a $0 investment is a hell of a return. 

My problems were as follows:I asked them (and have the email correspondence to prove it) to do the annual renewal of the home owner's insurance and their representative said they'll do so.  

Death is obviously difficult for any family, as is the following estate proceedings and such.

You have banks ( local,regional,national), credit unions, life insurance companies, & CMBS lenders.Who does what loan depends on location, asset type, and size of the loan.

As for my expense data, $2376 breaks down as follows:$300 - Water/Sewer (~$40/mo/unit)$140 - Garbage ($20/m/u)$70 - Insurance$497 - Prop.

Another bank may also reduce the LTV based on how many loans you have outstanding.Example too; Joplin, Mo. had a tornado that took out all but one investor's properties, it took months and into the next year for insurance to pay off.