I'll loose a lot less money and sleep keeping the property empty for another month than renting to tenants that destroy the property.And your statement regarding must rent to the 1st qualified applicant. 

But when you get those numbers dialed in untill before closing, you sleep a lot better.

for example, buy a 2-unit, rent out 1 unit, and then rent all the bedrooms in the other unit to friends and sleep in the basement or on a couch.let's recapnot easy: house hacking in NYCeasy: buying sub 30K houses that will turn into money pits and won't advance your goals at all

@Salome Ditmars In addition to what has already been shared on this thread, trusting the sponsor will be paramount to you sleeping at night, and I can't stress that enough.

People are still sleeping on it! 

There are only enough for 6 people in a place that sleeps 10.

I had a student sleeping in the livingroom for $485.

People still sleep on the area and it is very close to Nor CA but has a lot of different benefits with similar appreciation. 

I like to think of it like the BP Money Podcast thinks of it, find the best value but if something is emotionally affecting you, than target that and do what it takes to get that solved and then you don't have to worry about it when you go to sleep. 

We would prefer something that allows us to sleep peacefully at night.