My initial reaction is to say no on the property...But, if I calculate a similar residential property that we have to put down 25% and we get the loan for 30 years, I would actually cash flow $800, which there's no question we would take that investment.

What I'm looking for is their reaction...."

What it worked for me is when I screened the tenants and picked whoever I want to move forward and look further, I always asked them do you have the 1st month rent + security deposit equaling the 1st month rent and I shut up and listen to the reaction and answer. ( Phone sales habit haha ) So far, it worked every time for me.

If someone comes on to a forum for book enthusiasts and says "I don't care for reading, books are too boring" the reaction is probably not going to be positive. 

Knee jerk reaction is to fire them.

No need for tax evasion at all.I had a similar reaction from Accountants when I was first to introduce Mortgage Acceleration.

When I didn’t go to college, you’d think I drowned a litter of puppies by the reaction my family gave me.

Criminals are generally allergic to lead.If you intend to restrict your tenants, I recommend consulting an attorney first.

I get positive reactions for properties that I build (new or renovate). 

I believe the KEY is to not "rationalize," based upon their (often illusionary) false "memes," created to CONTROL the parameters, of our THOUGHTS, ACTIONS and REACTIONS.