And be careful not to try to short cut around these important steps no matter how impatient you might be feeling ... that usually does not end well ... make sure you pour a solid foundation and allow it to cure before you try to build up a few stories high.One other thing, you should check out Mr.

Does the lender cut checks for all people?

IN regards to renting a SFH a 450-650 buffer above debt repayment is cutting it very thin and there is a possibility (strong possibility) you will have negative cash flow.

So next time around all you have to do is touch up, and won't have to worry about cutting in around windows, closets, and doors as much.  

If you nickle and dime your subs then most of will cut corners or worst , rush your job.

Hint: if tenant cuts water in half, pool equip stops running, $$$$ garden burns up, and water features stop working.

You have to remember "extra" costs such as snow plowing and grass cutting that fall on the owners.

Some markets require hosts to charge a hospitality tax just as hotels do which cuts into profit margins.

The tile flooring did not match throughout the house, the grout lines were not even, and some areas around the edge of the time had almost 2" of grout instead of cutting a piece of tile for the edge.

So basically my $325 a month that I needed to just handle these specific items really cut into my "cashflow" that I originally thought I had.