Also, right now we are utilizing FB but we may change this next year to a platform outside of FB for better interaction and more security.

That is not a benefit for you, nor any kind of evidence that they are worthy of becoming a resident.That issue aside, I would not allow someone with a recent eviction on my property unless the "unfortunate circumstance" was unlikely to recur AND they otherwise have a strong historical track record of making payments AND they would put down a very large security deposit.

After COVID applicants were having to submit 10-15 applications on average in my market to secure a rental meaning they might pay a whole months rent or more in application fees!

If you mean security backed by collateral, you are correct.

Based on my experience as a real estate agent and investor, some of the best deals I’ve seen clients secure have been during the winter and holiday season, so it’s never a bad time to keep looking for opportunities.

My updated expected monthly rental income will be $2,800, resulting in a cash flow of $795 per month (excluding my share of the split utilities).I plan to set aside at least 80% of my cash flow for property-related expenses.Additionally, I’ll be installing keypads and security cameras for enhanced safety and operational efficiency.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

I'm a very analytical person who won't start a new venture without first gaining a solid understanding, establishing the right framework and connections, and ensuring that I'm securing a great deal.

Add outdoor security cameras (just let guests know they’re there) and maybe some motion-sensor lights for extra safety.

or have you found various creative solutions to secure favorable terms?