I look for properties where the owners don't much care and just want money and then I pay cash with quick settlement. 

Lol.So, would you have preferred start with something like seller financing deals instead of conventional loans?

Being cheap about repairs leaves you with unhappy tenants who will not take good care of the property because you don't.Send a licensed plumber ASAP.

The only reason conventional will not allow it at all is if you do not have a current housing expense. 

So, cycles happen and we will likely have another down rate cycle in the next few years but it might just be due to another economic issue, so sometimes be careful what you wish for. 

All your accountant cares about is seeing a clean profit and loss statement.

I think FHA loans are still popular but if you can swing it the new 5% conventional rules are huge.

Protecting yourself from any future issues will require a good understanding of the situation your house is in when you buy it.Tl;dr: crime here is relatively low, declining population numbers don't take students into account, properties are cheap, rents are high BUT be careful where you buy.This concludes my TED Talk, ha!

Probably depends on the location and part of town if neighbors care or notice. 

This is not a legitimate business or lender.Be careful and happy investing!