You are more than welcome to decline a showing because he is not comfortable with your requirements, but you are not allowed to discourage someone from applying to your apartment.

I am generally curious as to why you would choose to do this? 

If you and your wife are on the same page, I say absolutely go for it.Don't worry about the naysayers telling you to invest out of state if that's not something you're comfortable with right now.

Tenant screening is challenging and you have to have the right process in place to make sure you choose wisely.The main thing as many said, this shows a red flag on the amount.

Other introverts will feel comfortable with you and that could actually help your journey......more important qualities are honesty, integrity and being a harder worker than others.Just be yourself and go get started.

For LTRs, prioritize markets with population growth and strong job markets.Wherever you choose, work with an investor-friendly agent who knows the local market and can help you analyze deals.

This i comfortable with. 

If they don't contact us within 10 days, we can change the locks and take possession.And, of course, if you choose you can file for collections on them.

Get out of your comfort zone.

However, if both are desirable and available in your market, I would definitely choose smaller multifamily (1-4 units) hands down.