In fact everything was good until we realized there is a level 3 sex offender in the house next door.

And the "depression commodities"; sex, booze/drugs. 

@Darius OglozaImagine thinking that doing a PSA advising people who paid for sex should get tested is a good spend of $$$.

I've done a bit of TK research and have talked over the phone and signed up with some of the bigger TK companies but am not finding properties that I cam comfortable with that give me the returns I am looking for.

today's applicants are sex offender or artist without steady income

Here are the monthly allocations (+10% cushion for vacancy): taxes (TTM/12), vacancy/turnover 5% GSR, water/sewer/trash (TTM/12), repair/maintenance (10%), cap ex (3%-goes to money market monthly), CAM (lawn/snow) (3%), insurance (TTM/12), debt service (actual), property mgmt (12% - although I self manage).   

Age or sex should not be a primary criteria, but I would suggest that you find somebody that has done many deals, like the type you want to do, and also find somebody who is just starting out so you can hear about the pain and sacrifice. 

Cam Dunlap is legit but makes a lot of money pimping other guru's products and you have to trust that he did his due diligence.http://www.biggerpockets.com/forums/92/topics/8236...

Originally posted by @Cam C.

Unfortunately, sex and fear sell...I think this is a huge lesson that we are global people.