I'm viewing the units tomorrow with my agent, and I plan on nailing down what I could charge at market rates.  

My AZ home is 240k, so I am balancing wether or not to refi out for full VA Loan, or get FHA loan (3.5%ish down) for the multi fam here....The good thing is I have options, just need to nail down my strategy.

@Jay Hinrichs absolutely nails it.

@Chuck B. once again hits the nail on the head.

It's ok to live a little today.You hit the nail on the head on why some people succeed and others die poor.

hit the nail on the head - the reason a person files for bankruptcy is important and will give you an important piece of the puzzle in regards to evaluating them as a potential tenant.

Derek Lacy I think you nailed it.

She claims our kids drew on the wall and that there was an excessive amount of nail holes for paintings.  

That is something I will have to explore as I nail down an area.

@k.Marie Poe, you nailed my thinking, what if several years down the road the housing market in a city took a dive and someone tried to "help" the home owner at the note holders expense, what would happen then..............So that is why I posted the question, I wanted to hear opinions on the likelihood of such a thing actually happening, and I am thankful for the opinions of posters that I respect pretty much confirming what my own thoughts were.Thanks again, BP is such a great source and I applaud all of you for sharing your knowledge, insight, hints and advise.