If the loan to ARV is good enough, you can get 100% financing.

Like the example that you shared, that should be good enough.

Yes you can be held liable if someone gets hurt but if you have a good enough lawyer that knows his contracts and that tenant was breaking the lease by renting out the unit on Airbnb you may be able to hold her liable for it.

Would this be a good enough reason to maybe start looking in other states?

One of the main reasons for me to 1031 exchange to a bigger building is that it is almost impossible to take all the equity out when my father's income has not been good enough the last few years.

It's good enough for market research....

Can this be a good enough reason to deny their application?  

I wouldnt say it has great cashflow like others who invest out of state, but to me this is good enough as learning curve.Here are my rough numbers:Purchase price $303000Repairs and Closing cost is about $7kDown payment is 25% Total invested about $83000PITI is about $1550.1 unit was rented and the other was vacant.

Yes, I think you need a good enough credit score to get a loan, and the better your score, the better the rate you can get.

I don't have good enough GC connections to set it up long distance.