Right now, even if you have no reserve money saved, if a bad situation came up you could tap that 401k to cover the situation. 3.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

Bad news you may also have to cover your own commissions. 

The projected rental income wouldn't cover the mortgage and HOA at this time.

The amounts of square footage cover is so low the delta becomes a rounding error. 

I plan on being on the road here for work in the next day or two and wanted to try and make sure I have everything covered before I leave.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Cancer/heart need to fly home.Over the course of this post will cover the following Real Estate angles. 

Do you have vandalism as a covered peril?

Ben Russell has done an excellent job of covering differences in the lease.