While not suitable for every circumstance, best practice is to try to look at things from the renter's perspective while comparing your listing to similar ones on the market. 

HML's source money from private lenders as well, the difference is private lenders are vetted by the hml for suitability, and better protected in the sense that a hml would not allow such a loan as you describe, it's way too risky.

She is asking for more time to find a suitable place to live here in Santa Barbara.

Me personally, I feel a 4plex with as low down as possible, that still has a suitable debt service in relation to the income makes sense to me.

Cities like Phoenix and Tucson offer a diverse range of properties suitable for long-term rental strategies.Cash Flow Potential: Arizona's real estate market presents cash flow opportunities, with many properties available under $150,000 per door.

First off, you need to do your due diligence, understand your market trends, attending local meet ups and finding a suitable mentor.Best of luck to you! 

It all really depends on what your goal is out of REI, and once you have figured that out you will find the most suitable niche for you to reach that goal.

I just starting my second one this year because I haven’t been able to find anything suitable.

That is, have the tenant proceed through the application process at a snail's pace until you find someone more suitable or a way to disqualify them. 

The small number of people that I do meet who are enthusiastic about learning about home improvement who are also suitable physically and mentally for doing the work are very simply NEVER going to settle long-term for life as a guy or girl who puts tile surround after tile surround into other people's houses for any sort of market-competitive payment.