While vetting is essential, I agree that tenants (all tenants) do come with risk. 

It's always best to consult with a financial professional for personalized advice.

Usually it’s due to being behind on her home.

It will be fun and insightful.  

We are not sure about our lending options and should we do HML? 

All a landlord has to do is buy, hold, do the minimum the city requires to upkeep the property, and let time pass.

Is it smart to do it around here?

This are the numbers:25 unitsAsking price 1.5MI will offer 1M $11,780 monthly rent income$13,000 annual expenseYes, the expense ratio is low but it's because it's in the island where we do not have property tax, insurance is for liability around 2k a year and it's all concrete structures. 

What do you guys think about the DOJ attempting to dictate the way realtors get paid?

With several hiking trails/boats/kayaks/bicycles/etc, and just nature in general, what do most people do protect themselves from potential issues?