In most cases setting a higher minimum credit score requirement eliminates many younger applicants.

The problem is I have a 3.7% fixed rate on it, so a refi would be much higher at this point probably eliminate the small cash flow.

Insurance is your first line of defense, but only an entity like an LLC, or better yet, a network of entities and trusts assembled by an experienced asset protection attorney, can truly eliminate the threat of a lawsuit.I also discussed this on the BP podcast some time ago, might be worth a listen.

As for strategies, you can eliminate flipping, wholesaling, development as they are jobs and not cashflow vehicles.48K a year in cashflow on 400K investment, so that's a 12% cash on cash return. 

If you decide to keep the property you can refinance into a conventional loan and hopefully you have enough equity to eliminate the PMI/MIP.

But on the flip side, he's eliminating 99% of the tire kickers.Have a sit down with your realtor and express your feelings and concerns. 

Again, that part might not be important to you, but those details matter to me.That said, having everything outlined clearly for the applicants is a great step to eliminate any confusion, so I like what you've done with that. 

Completely eliminated the problem from ever happening again. 

It eliminates the competition!

Noah,If you're already know what your "issue" is then start by working on eliminating this "issue" of yours first and learn from the people that are close to you and have been around the REI business for a while!