That'll still leave you with 40k profit in 6 months.

After the cops leave he goes absolutely wild texting me.

I have zero experience buying outside of a personal home that became a rental, but with the numbers you provided from AZ the rents could leave little cash flow with a conventional 30 yr 20% down loan and management fees.

The idea of a property management team to oversee the project sounds like a good idea, but I also don't want to dilute my learning/understanding by leaving much of the oversight to someone else.

For example, doing a quick scan on the deal above , about 30% of your lot rents of 200 are eaten up by your w/s/t/ bills. .So what is that , 12 homes paying lot rent of 200 a month ( leaving out the home payments ) , 2400 a month in gross rev per month or 28,800 a year.

:)Thanks Helen,Leave it with me for now as I don't have set dates.If you guys add me on Facebook - Engelo Rumora, we can better stay in contact and I'll most likely be posting when I will be actually the trip home :)ThanksFollow me on social media - https://www.facebook.com/TheRealEstateDingo/ or even add me on Facebook - https://www.facebook.com/engelorumora

So if it is acceptable, say kitchen, leave it.  

This allows us to put tenant in breach of lease if we are at risk of having to many of those qualifying calls.If no calls are being made it is just best to leave well enough alone. 

In hindsight I would've also been better off leaving it open for assignment to cut those costs even more.

Tenants all leave, the only question is when.