From the initial look I would say you will be lucky to break even. 

Is there somewhere I can see a sample of the report this tool generates? 

My initial thought was to set up a master lease option until the mortgage is paid but 15 years seems excessive.

FHA borrowers who want to initiate a loan assumption should discuss their needs with the loan officer to see what may be required in terms of lender standards, state law, and other factors.

Also, expect some challenges initially, regardless of how much you prepare. 

I initially created an account to read the conversations and learn from the 'veterans' on BP.

Check data from websites like AirDNA and Everbooked and you'll get a good feel for what kind of revenue your property can generate. 

Seems to me that you would be able to start generating cash flow faster that way since you would have more doors.

So lets say it generates $200-300 a month in cash flow after all expenses. 

I was hoping to get some other landlords and property owners opinions on some things below to help me better understand the expectations within the rental market.The general thought that I have had while looking for my first property is to invest initially in hardening the property (no carpet, etc).I'll share a few scenarios and would love if any one can shed some light on their opinions:- Property has a bright blue insert bath tub.