I have a team of lenders, attorneys, property managers, and contractors (did I mention actually decent contractors?) 

This is the first year that I will be making decent income to warrant the schedule SE. 

The house seems in decent condition from the outside and I have yet to see the inside.

Zillow provides a decently accurate rent estimate too. 

I shot you a note to connect. 

Is this decent?

I've noticed that what most people consider a risk or something very risky, I consider something fun to do and give a shot at, even if it could screw your whole life over.

No doubt the market is hot and you have really good schools but you do have 4 decent applications and all 4 meet your criteria or at least you haven't' said they don't.  

The goal is to get them on your CAP (client appreciation program) and then DO it consistently, even if it's just once a month, send something that shows your expertise and also that you're a decent person.

I know the different in mortgage and expected rent is about 450$ and I know I need to put aside a decent percentage of that for repairs, vacancies, cap ext, etc...Basically, I'd like some suggestions on how ya'll would keep tabs (numbers, metrics, etc) on this property to ensure that it generates positive cash flow and doesn't turn into a money suck.Thanks in Advance, Charlie