The drama of mistakes, the celebration of success.

Harsh, but true. 

All the tenants we've had who also had speeding, parking or other minor violations are also the tenants that give us the most drama, late with rent and tell us some pretty tall tales. 

I normally don't rent for the whole house because the drama doesn't worth it and their expectation is sometimes too high.

For starters you need to assign it to someone that wouldn’t give the original seller drama.

The loan level pricing adjustments are harsh for investment properties, but I would agree with the other contributors above in some aspects. 

It seems harsh but when it comes time to do a deal with someone who is not your parent what are you going to do?

Not trying to be harsh, that is just the reality we are all in right now.You could do, as others have suggested a second home loan at 10% and not have to worry about rehabbing it (okay, maybe some painting and cleaning and a little theming).

That being said, so can any other tenant, but section 8 (and I hate to sterotype), typically come from poverty and social/family circles are less educated, thus having more drama and do not posses the skill set to hanlde life situations as an adult.8) more management intensive Yes, that is why we do not operate in section 8 anymore as the resources used is simply not profitable when we can be utilizing our time to giving excellent customer service elsewhere.9) greater ware and tear on property (not a issue with a C class property) Yes.

@Harsh MahatmaAre you thinking of purchasing a rental property, or are you looking to flip a property?