I would then interview a few and make a choice as to what one to move forward with.

Should it simply be one of two choices: deny application or accept application with ESA exemption even if the property qualifies for the FHA exemption?

@Cheng ChuMcKinney is a fantastic market with strong population growth, and it’s a great choice for single-family home (SFH) investments.

Lots of good choices! 

My first choice would be a duplex but I'm also looking into single family.

Verify employment and call previous landlords to avoid tenants with red flags.Rent Setting: Research comparable rentals in your neighborhood to ensure your rent is competitive.Use Technology: RentRedi is a great choice.

So choice is staying stock market and making 15%-20% or buying property and MAYBE breaking even. 

A/B Class is your top choice as this will quality tenants. 

Some, but not a lot of choices are rare do any of the prices make sense to me.   

If the community is well-managed and there’s good rental demand, a condo could be a solid choice.