Can anyone suggest a few towns that have workable or less stringent regulations?

You did not specify the age of the property so it is purely speculation at this point. 

Many older owners bought new when starting retirement or before and have aged along with the complex.

We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenants possible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of another applicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then taking several days to submit.

I think its also an age gap thing as when you get older you give less you know whats.

Visio hasn't done 5+ in ages...Cheers!

Is there another part of town with similar numbers, neighborhood, and age of homes?

Each adult tenant over the age of 18 must fill one out.

I've rented to close to 1,000 students since I started at the age of 25 and wanted to offer some insight.

However, the percentage varies based on factors like location, property age, condition, and expenses such as taxes, insurance, and interest rates.