I believe you made the right choice by giving them back atleast something so they wouldn't feel too bad. when it comes to newly mothers having premature labor, they can tie it to the chemicals from the pest control, unless you are using eco friendly 100% natural product, either way it can fall back on you.

I don't know the Phoenix Market, but from what I've researched it is landlord friendly.

Ex. we looked at a property last week that needed $110K (conservative) in rehab, ARV at around $525k.

My good friend reco'd the WP route too...with Aspen stepping in I expect values to rise.

We have good friends who have been Realtors out in Orlando for 20+ years who are helping us look for properties and build our team!

Me and my friends needed our parents to co-sign for our first apartment out of college.

I've not yet done the math to determine which strategy would save me more money, but the big cons of this areNo primary residence, therefore slightly higher interest rates, 20 - 25% down (but depending on the market, this may very well be equivalent to 3.5 - 5% down in LA).Depends on the quality of tenant screening, but it's probably safer to assume that they won't take as great care of the property as I would.Probably need a property manager, professional or tenant.Either strategy seems to net me the same cost around $1,500 monthly, but I'm biased towards Los Angeles as I can rent to friends which solves a lot of the tenant/landlord issues.I'm not looking for anyone to give me all the answers but would appreciate any insight, food for thought, and constructive criticism. 

I have a really good agent friend up there that helps out investors a lot.

I would think about finding a rental that is occupied, when your friend the lender says he/she will agree to give you a loan.

Yes my friend you "provided" the AC unit ....at least that's what the tenant will rightfully say.....and when it needs continous repairs.....somehow the tenant will seem to think you are responsible.And let's remember if the tenant hurts them selves while installing the unit, .....that you provided.....on your property.....or.......somehow they cause an electrical short......you know who will be held responsible.She of course may tell you verbally she only wants to fix the unit and not use it....but if she won't use it, why is she fixing it up?