I wouldn't bet on either at this stage but if you like a gamble...

All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties:Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

@Ricardo Polanco you might want to investigate the Class of tenants the property is likely to attract.There's a BIG difference between dealing with Class A tenants vs Class C or D tenants!

I would not, however, bet on shipping rates staying this low over the long term.They have all the plumbing and electrical built into a centerpiece.This the sort of problem you'll face.  

Should I hold onto as much of it as I can and bet on a combo of cash flow and appreciation for the long term?

S8 rentals are Class B, C or D.

I'd rather have a solid C that is in a clear C neighborhood and will stay that way than a B that could slide into a C or D erasing my equity value. 

We ALWAYS require a full month of rent for SD, but we also lose a decent amount of S8 applicants who can't come up with it.3) Delayed Advertising for Vacancies:- It is VERY difficult to arrange showings on occupied rentals, especially if Class C or S8 tenants!

I noticed that 32209 and 32206 had potential as far as price and rent ratio, but I don't know if those zip codes where there is a lot of inventory are in Class C or D neighborhoods.  

., we lend our own money) we always bet on the borrower first.