Getting $50-100 a month extra is great, but reducing turn overs and maintenance problems will prove to be more profitable in the long run.The dishwasher idea is great where applicable.  

You can't imagine how many investors I worked with where they simply left closing costs(title costs, lender fees) out of basis calculation.2) Inform you of any strategies to reduce your tax liability.Most real estate Investors file the following forms(individual Level) just in case you had time to read some instructionsSchedule E - to report your rental incomeForm 4562 - To report/calculate depreciation expense on your tax returnForm 8582 - to report any losses that are suspended if your income is above $100,000

Also, to add... one way to reduce risk in this niche is through experience.

@Michael Plante This can create some odd situations that reduce your leverage as a landlord.

I was hoping to buy a primary property and airbnb or rent the other rooms to reduce costs and build equity in something (point is to not waste money renting).

Peer into the house - what you see is what your house will be.Don't beat yourself up too badly - everyone has rented to a bad tenant (or will someday) - just learn a LOT from the experience to greatly reduce your chances of doing the same again.

Your $1450/MO housing DTI PLUS the $1,500/MO in consumer debt would put your Total DTI well over 41% ($1,450+$1,500=$2,950 or 59% total DTI), so they would reduce the amount of mortgage approved to keep you under that 41% total DTI.

I found it and had my invoice for this month reduced by almost $11,000. 

Fees like these are sometimes there to weed out  "what's left behind by a north bound bull"I'd ask for it to be waived, reduced and if not, I'd pay it and cooperate to achieve my goal.

I don't want them to reduce the purchase price as these expenses are not allowable in a 1031 exchange, and I want to maximize my use of funds.I am not getting good guidance from my 1031 firm (and can't get in touch with my accountant at the moment) so I'm wondering if anyone has experience in this topic.