-Paying all the taxes, maintenance and insurance-Finding a renter-Worrying and wondering each month if the tenant will pay on time-Fixes/repairs-Other? 

Plus virtually every city of note has a REIA with monthly meetings and other meetups.

Example:I need to conduct a warranty inspection on the home this month.

(ATTOM)While specific monthly foreclosure data for Maricopa County in 2024 is limited, earlier in the year, in April 2024, the county recorded 281 foreclosure starts.

you are going up against people and companies that spend thousands or even tens of thousands of dollars a month in marketing. 

After six months of STR performance, transition to a DSCR loan or portfolio lender refi for better terms.2. 

These marketers would have the novice investor believe that the narrow focused “education” they provide combined with the “holy grail” formula (wholesaling, subject to, flipping, lease option, discounted note purchase, etc.) is most, if not all, anyone needs to become “independent” and successful, usually by month 12.

That's before you pay any debt service.To answer your question: No, it's generally not a good idea to lose a bunch of money every month.

Let's say they pay you $2000/ month * 12 = $24,000/year.

A HOA of $760 a month is what is likely killing your returns.