On this website there are numerous spreadsheets that show what the cash flow may look like with various down payments and interest rates.

For pools a lot of people in AZ and TX probably deal with it but I expect you would be better off  using a service and bill or roll into rent. 

Originally posted by @Bill Gulley:She is correct, you execute a quitclaim deed, then she can refinance in her name, her lender can explain that and they may have you sign the deed at the refi settlement.

Thank you @Bill Gulley for your advise.I'm mainly interesting to build this for myself, in order to increase the chances to getting good deals.Nothing more than that for now.But thanks again.

Cowger Doing a cash out refinance should not result in a tax bill (income or capital gains) due to the “cash” you are taking out of the property is debt and will be repaid, eventually.You should be able to confirm this with your banker and an accountant.

But the poor credit score suggests current, active problems in paying bills that are due RIGHT NOW.

This could mean an extra electric bill for you and/or cleaning.- Fire monitoring. 

Of course, with the market being so high the tax bill went up even though they lowered the mill rate.

I billed her my cost of the door at the time which she said she would pay but has not.

or would it be better to back billed the tenants for the utilities every month?