However, you are correct that a small percentage of properly screened tenants and a large percentage of low income applicants are the dregs of society.

Now, to be an even better investor I would supplement his advice by using modern computer devices to analyze deals.

Mixing Modern Beach Chic and Rustic Farmhouse touches have been SUPER popular lately.

At the very least, I'd expect there to be some cost to modernize fixtures, outlets, and maybe paint touch-ups.Your interest rate is 4.5%. 

In modern society you absolutely should not have people in crippling medical debt unable to dig themselves out, no matter your income and background.

On the other hand, Kansas City is a much larger market with a diverse, modern economy, growing jobs and a growing population.

I have to use my insurance broker and get insurance through foremost, American modern, etc.  

That said, a market shift, well of course but that was happening pre-covid-19 and it just appears that most don't bother to have read about the shift to a predominantly renter based society underway, on pace to flip the numbers to 60/40 renters over homeowners vs the reversed historic average (yeah, thought I was just a pretty face huh).

Perhaps he will eventually become a useful member of society and need to improve his credit score.Do NOT do cash for keys.

If you're buying for long term buy and hold, you need to be looking at market that not only cash flow well but have good economic and demographic trends with modern, diverse economies.