Our entire network of agents, title companies, insurance, conventional lenders, private lenders, and many others come together to make this an enjoyable experience.

Payments $492 (interest, tax, insurance) currently owe $51K.

Also, how does one assess whether or not one can turn a profit after paying principal/interest, insurance, and taxes each month?

You should allow a 1-2 Weeks for the appraisal, and 1-2 weeks for title and insurance.

Rents may be high, but where are taxes and insurance.

These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.

It’s cash flowing about $50/month after everything (PITI, flood insurance, home warranty, excess liability & termite protection) - if I got ride of termite it would cash flow $125.

Hopefully your lawyer also mentioned insurance- title and hazard.A quitclaim deed transfer can hurt your title chain and title insurance. 

How about the increased home insurance cost for a landlord policy?

A good manager will handle everything from marketing to maintenance and tenant screening, saving you time and stress.Vendors and LandscapingBuilding a team of dependable vendors—like landscaping companies, contractors, and insurance agents—is critical.