I recently toured a property in Phoenix where solar power and water-saving features cut operational costs by nearly 20%.6.

Those are not the most important parts of the operating agreement.

The other unit a hot tub.The unit with the pool and hot tub has been operating as a STR for two years.

Does anybody have experience with sober living, or group home operators renting your home?

But my question is that if we consider other operating costs like maintenance, capital expenditure, vacancy, etc then this property won't cash flow, so is this a good deal?

Pick solid operators and solid asset classes.We syndicate self-storage projects.

Buying an out of state rental property from a realtor, wholesaler or off facebook or zillow etc as opposed to from an operation or turnkey provider who has an active, substancial, and effective boots on the ground team or teams to support you after you close on the sale. 

I say calculated because we are still within our first year of operations so I wouldn't be able to tell you what the actual average stabilized returns are until I have enough data.  

If you do decide to work with them, you could set up a clear partnership where they’re equity partners and you handle the management and operations.

So I think the operative wird is balance.Note - Most of my career in Construction was spent working for exremely wealthy people that you speak of. ($12 mm dollar houses and all that....)