If you have a lot of liquidity and a great paying W2 and can support your rentals, focus on appreciation/equity.

Conversation in local Bar, say I would pay all CASH How did you finance this deal?

If you are not planning on doing the management, and in today's world it doesn't pay very well for the time,  then you can look for the best market posable. 

It seems more your fault for choosing the "lying" contractors from the tenants point of view, if you ask them to pay up, I'm sure they would.

If your willing to do so, you can live in the casita and then rent out the main home and have your tenant pay the majority/all of the mortgage (depending on what type of deal you find obviously). 

If it takes you two months two find a tenant willing to pay $1,700, then you'll still basically break even in the long run - the net to you is the same. 

From what I've seen in this area right now, it seems like you'd have a hard time paying market LTR rents and making a good spread. 

Hello BP,The Producer Price Index (PPI) is a valuable metric to monitor, as it measures inflation from a business perspective (what businesses pay for services/goods) that isn't always reflected in the Consumer Price Index (CPI) or "inflation" which is commonly discussed in headlines and among other investors.

If you have a buyer's agent, you should have already signed a buyer's representation agreement and that fee/commission is disclosed in that document so you should very well know what that charge will be.If you were the seller and going to owner finance the property, what would you want to see from the buyer that tells you that they will be able to pay the mortgage moving forward. 

Now, you need to figure out how to find deals and pay for them.