In addition to the moral issues, keeping your credit score intact and not being banned from purchases at a big store are good reasons to pay.I agree with the poster about asking for a discount for the hassle. 

He said we love you but we don't know you your tax returns and business are too complicated and by the time I go through all of this I could put the same time and energy and do a big loan to a big builder..Moral of the story I should have been asking him for 10 loans for 2 million then it might have been worth his time.

I don't want to be held liable (financially or morally) if a tenant dies because a smoke  detector had dead batteries.

I've reached similar conclusions already.I don't see anything morally or ethically wrong with what (good) investors/landlords are doing, in terms of profiting from cash flow.

So you are right, you have to try like heck to find one.The moral of the story is that tenants leave when they want to and when their life circumstances change.

The moral of the story your broker is your ultimate guide on how you will be allowed to conduct your business .

But still an example of the kind of pettiness you can see with people who have a pathetic moral character.And I screen potential tenants a LOT better now, lol!

They seem to have an edge as they get all the heads up and probate stuff (questioning the morals/ethics... but those professions seem to be exempt from morals anyway) but I am working on this niche for sure.

Moral of the story, read read read.

So the moral of the story is that you need to perform your due diligence, have a plan, have enough qualified people to help you implement the plan, and realize that it will be just like opening up any other new business you might open.