At the same time my parents were investigating possible mold, they also discovered a lease violation because the renters were keeping 18 chickens on the property.

Thanks for the input Jeremy'I have always liked LO as a valid strategy ,with a caveat,,,As long as all parties get what they want at the end of the road,,,,Having said that,as easy as the concept is,I am finding LO a tough little nut to crackMaking "the moon and the stars and the solar system" line up before I can put the deal together,,,Lots of moving parts to say the least,,,I dont need to be haunted by a pissed off seller or tenant,,in my station of life,,[Im no spring chicken,,,you wont see me in "The Cage" at a WWF bloodbath fist fight,,sorry guys,,not todayHonestly JeremyThanks for the good adviceDD

I know of several other rentals in the area as well.The one thing you should expect - they will want animals, whether it's dogs, cats, chickens, or pigs.

Most new investor types spend way too much time trying to make chicken salad out of a single chicken-scratch property with an unreal principal rather than creating a deal flow to have many choices from.

It is like the chicken and the egg, which one comes first?

You have a chicken and egg problem, @Joshua Rich.

Bill you open your mouth again show a case law where it is against the law to submit an honest application and then when the banks approve a worker who works for Popeye's chicken for a home loan knowing this person cannot afford a loan.

Don't count you chickens before they hatch and nothing is done till it's done.

But without the topping and cherry, the bowl of ice cream is a good thing.I just heard yesterday about somebody who bought a $1.8 single condo in Manhattan to keep as a rental. 

Winner, Winner, chicken dinner.