People interested in this type arrangement probably don’t have access to $150,0003.

Actually have people contacting me before I advertise a unit available.

It works great for many people -- not me -- but it might be your best option considering your distance. 

I can see how an application fee per person can be a deterrent for applicants in my case whether for more upscale rentals people may see it as more normal.I am starting off as a non-refundable fee and measure the resistance, then adjust if needed.

A mass shooting occurred tonight on the street next to the street where the property is located, leaving nine people shot and one dead.

Quote from @Theodore Sutton: Check out the site meetup.com and also the events page on BP for meetings up in your area to meet people like this and build relationships.

Quote from @Brendan Doherty': I’ve read in books of people getting past having to live in the property they own so they can rent all units year one of ownership(living on the property with an rv).

But keep in mind, the top of their list is going to be people that they’ve worked with in the past and probably closed deals with.

In 30 years the balloon payment is due to the seller and that's when the taxes are due.Coupling a monetization loan to an installment sale accomplishes the same thing but puts cash in the sellers hands that can be re-invested.

This group is full of knowledgeable people, though you may sometimes get conflicting advice.