Investopedia is on the right track saying that the rule is supposed to ensure it covers your mortgage, but it's much more than just the mortgage, it's the insurance, taxes, maintenance, etc costs that are in addition to your mortgage.

Then it seems it would be worth it, with the added property tax and Insurance cost ( possibly $175 / month) for a total of $652 cost.

If it is the latter, feel free to message you and I will be happy to pass on advice given to me that has been helpful in my life.

I was able to fill each space with photographers, hair salon, insurance agent, recording studio, background check company, cpa, medical massage and a 3000 sq ft floor to a non-profit dance studio.I often bring the group together for happy hours on my dime, networking meetings etc.  

I have about ~40K equity in the rental and owe about $157K on the loan, but the monthly rental income only covers the mortgage payment + insurance + taxes + an additional $75 a month, which I put aside for repairs and anything that may come up.  

Working in both insurance and looking at investments, I've never seen the county numbers match up with the actual value of the home.

Give Douglas Schuler a call, licensed/insured handyman, message me for his number.

I would much rather have a professional that pays for insurance and who has read many contracts do mine than have someone who only sees a few contracts a year. 

We only use title companies to insure title and what you should be looking for is a good escrow company.2. 

In a former life I did some skip tracing, was able to locate mugshot and arrest record.