It doesn't cost much other than time, gas, and a little postage, ink, and paper.  

I think you might drown.If your scheduled rent is $2025, you need a vacancy allowance (8 - 10% is a good range unless you know the area well and know the prevailing rate).This brings you down to $1823/month effective revenue.Then you need your operating expenses: maintenance (10%), landscaping, utilities (electricity and gas) for common areas (i.e. laundry), property management, administration, advertising, pest control, etc.    

The gas mileage was taking a chunk of my pay when it reached $4 dollars a gallon.

All that to say, I think your concern about your ROI being too low is valid.

(In the inspection we just received, he found 9X9 asbestos tile flooring under the carpet, gas leaks from the furnace and water heater, leaking around the tub, squirrel infestations, termite trails, and old rotted wood siding among other problems. 

I know editors (and the owners, stakeholders, etc) play a huge role in how a story is slanted, but they also need to fill those pages and make sales therefore one has to assume some valid research is written in any given article. 

Right now the owner pays for the heat (gas).

In this contract you specify what they as the lessee is responsible for in the home (electrical, water, garbage, gas, etc.).

I'm a electrician so I will do all labor by myselfContract price (185,000 with 5,000 seller concession for closing cost) Down payment- 3.5% (6,475$)Mortgage payment- 1600$/monthFuel type -gas (owner pays for tenant) Recent Upgrades- electrical service Size- 3100 sq ft with 12 car parking lot and 2 car garageBuilt- 1917

Many valid points to consider.