There will be more upcoming layoffs in the energy sector.

Pros:Fewer days on the market (aka reduce vacancy) from additional marketing time and lining up the tenant before the existing tenant has vacatedStaged homes rent better than one w/o furniture (although rare the tenant has good enough style :))Ability to perform an informal "move-out" inspection, which provides a better idea of the turnaround time before the new tenants can move-inTenants may tidy up the place a bit and get a head start on their move-out process (rare, but worth pointing out)Cons:Reduced rent --> assuming some of the above bullet points are a stretch from reality (aka staged home and tidy up the place), the clutter and style may detract tenants from wanting to move-inInconvenience to the existing tenantsCoordination of the showings requires contacting the existing tenantsI know many SFH will list the property while other tenants are in it, but you must take it on a case-by-case basis, and it's heavily dependent on the existing tenants.

Some money on books and time listening to podcast can help you focus your game plan, energy and money to achieve your goals. 

Thus allowing me to focus more of my time and energy into investing in my brand/ building my own businesses.Obstacle: Currently I am on the hunt for an experienced FHA lender who accepts credit scores between 600-620 (due to having less than 2 years of established credit history and 2 accounts in collections, one is completely paid off but remains on report, the other is from school and is only $991) To build my credit I have 2 credit cards, I only utilize 10% monthly and pay in full & on time.

You sir and your family are really blessed and the energy and fortitude you have is phenomenal.

I spent the first 2 years constantly chasing expensive breakdowns, until I bit the bullet and committed to an orderly replacement.

I am pretty fortunate that I live in Calgary Alberta where currently the market is taking a sharp decline due to the declining energy market and it is very much a buyers market.

I agree with your comments that mortgage reits are vulnerable to rising interest rates especially if the financial reits are leveraged.Just as the energy sector (nat gas, crude oil, agriculture) are beaten down, I think that the Financial reits are trading 21% below book value and the reason for this is the rising interest rates are already priced in causing these reits to trade at such distressed levels.

Not that your out any cash but you will have wasted a ton of time and energy marketing these properties.Your welcome to reach out to me by PM and I will be happy to elaborate on my "twist"Thank youMichael

This obviously can make it difficult to then find the drive, energy, and time for something that needs to be a top priority such as real estate.