Rents are especially sensitive to location in Columbia area.

I had several applicants let me know that they felt the process to be invasive and there were non performance concerns about statutory legal violations in California regarding tenant fees, reports, and refunds...which they don’t do, and what happens to their sensitive personal $$ info.Turbo Tenant is a very different experience for property owner/investor and applicants/tenants.  

Sadly, 10K in CO wouldn't get me very far if I had 10K to invest in RE so I'd probably seek out different markets where the 10k has more teeth.

I cut my teeth in my legal career litigating major insurance companies for claims they refused to fulfill - ultimately insurance is a company and they structure their policies in a way that they can try and avoid big claims. 

@Bruce Woodruff laid out the playbook to a tee. The

SmartMove removes the applicant’s social security number for their privacy and to relieve the landlord of the responsibility of securely storing this sensitive information.

Would  you want your Dentist to learn how to pull teeth by reading from the internet and taking notes? 

This means that all interactions such as buying a property, paying for expenses and receiving income take paperwork, delay and processing fees.The alternative, which is generally superior for a time-sensitive and transaction intensive asset such as rental property is the IRA LLC.  

You can buy and hope for continued appreciation to outpace the negative rental income (not a strategy I’m a fan of) you can put more down to get more cash flow at the risk of a lower coc return or you can put your money in a less interest rate sensitive sector such as stocks or bonds.

Now, rehab/flip an existing 4plex, done all the time, and price sensitive.