Been looking for almost a year now for something attractive, have been super conservative, and believe I've got a good one now.

I am interested in areas where college students and young professionals are attracted to.

I don't think that you use an LLC unless you are building a business to attract investors and that is a more complicated structure with more costs involved and I think you only do that when you have a lot of success under your belt and know how to deploy hundreds of thousands of dollars to millions of dollars with outside investors' money. 

If this house was in my area I would definitely rent it, if it attracts quality tenants.

Dallas has a powerhouse economy beating national job growth by around 100bps, population growth is around 3 times the national average, it is a business friendly environment that attracts real talent, and it is a pretty affordable market relative to other similar locations in the nation. 

Vacant properties only attract trouble.- Offer an 18 month rent program where the first 9 months rent is a lower dollar amount.

Until you have your own success with investing it is highly unliley you will attract any partnership.

I had one woman apply to rent from me and then learned her boyfriend just got out of prison for sexual assault.it doesn't matter who is footing the bill.

It is a higher-end rental so it has attracted a good tenant base.

I know for a fact that rental income can be used to qualify you for the mortgage, at least in my case this was frequently discussed between my mortgage specialist and the underwriters at the bank.What really attracted me to the home possible program was the ability to cancel PMI without having to refinance (like an FHA).