Its become very obvious that I have two decisions: Rent out to three college guys (who I know one of the guys) for $2000/month or rent out to a newlywed couple straight out of Med school for the listing price $1,400.

I'll just add that if you can target grad students - especially med or law students, you will have far fewer problems. 

I understand med students are also great, for the same reasons, but the university next to us didn't have med students. 

I own an upscale house in Lansing and target MED School and PHD Students. 

Just some ideas, law students and med students are great, nurses are great, engineers & engineering students (even undergrads) are great.  

I've heard med students are the same.I don't think roommates really care if you're the owner, if they're just renting a room.  

I've heard med students are the same way.I forgot to mention that another upside to renting to students, especially students of a solid university, whether public or private, means that you will always have a steady tenant pool, even if the economy tanks.We "discovered" law students when the market crashed.  

I'll let someone else tell you what works for them on that issue.If you can target med or law students, they are fantastic. 

If they were howling at the moon at their last residence, whether on meds or not, and this resulted in bothering other tenants and getting warnings from management, etc., you don't have to rent to them.You deny based on behavior and ability to pay - not they "type" of disability they have.  

Maybe even include a coffee maker.I'd look for law students or med students, if they're in your tenant pool, and provide a nice quiet place for them.