Or maybe there's a good middle ground to shoot for instead, or even a totally different option.

The teaser rents will likely reset to unadvertised rents higher than what he is currently paying, which is the point of the discount, to get someone moved in and adjust them to a much higher rent down the road.He's going to be a pain at renewal.

We discovered the issue after they moved out.Insurance was only able to pay out $5k. 

I definitely wouldn't go high end, but I would pay a bit more for solid cabinets.

You posted the raw data, just go one layer deeper to get to % returns to confirm your purchase price in relation to your expected return/profit/cashflow:$5,500 + $3,000 = $8,500/mo or $102k/yr GOI (gross annual rent collected)Knock off 25% for expenses and you are at $71k/yr or $5.9k/mo NOI on this $1.05M investment or holding this at a 6.8% cap rateWith your 7%, 75% LTV loan, you'd be paying $5k/mo for the loan, leaving you with $900/mo or $10.8k/yr in Cashflow.Now to determine your CoC return (Cash-on-Cash), take the $10.8k in CF and divide it by your equity-in, likely ~$300k, so 3.6% return on your cash/equity in this deal.

The benefit of the outskirts of town: easier to find new place to build, land is cheaper, still in the path of gentrification and appreciation due to proximity to SLC market, no HOA to deal with, much less permitting and red tape, and these lead to new builds, which has the benefits of maximizing costseg and minimizing maintenance and repairs because the build is brand new.Happy to discuss by videoconference if you want, and I can pay you for your time. 

I have an inherited tenant that I was putting up with because although her rent was always late... she did pay and I wanted to avoid the turn cost and headache of getting her out.

Can you stomach going over budget, time delays, and having to pay the mortgage without any income coming in from the property?

We've been paying our cleaners time & a half to work on major holidays so I'm looking to find a solution that is less expensive and more accommodating to our team.Does anyone have a scalable solution to prevent guests from checking in & out on holidays?

I am looking for ways not to be responsible for the house and yet not pay the capital gains tax?