Add another $300 or so for taxes and insurance and you're at $2465 PITI. 

Who covers the tax bill when they don't pay the tax bill or the insurance? 

@Pratik as @Neil Narayan mentioned, cash flow is very challenging due to the property values, property taxes, and soft rental market.

Since part of your property is a rental, I believe a portion of your mortgage interest should be a tax deduction unlike your other debt.

Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"

They will have better recommendations for any title companies or lawyers there.

He is busy working at the hospital and doesn't want to deal with tenants, toilets, taxes, trash, and all that haha

Investors get stuck and cannot cash out because of tax complications.

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

@Michael James Hamlin I'm a former tax accountant/business consultant turned fix n flipper and investor friendly agent.