i had one recently... it was bizzare, i can't even explain it. she was an interpreter in seattle, just moved to michigan. arab woman, heavy accent. pay was $8.25/hr, but husband had lived here and was making 65k yearly. she had a realtor and wanted to give me money on the spot in order to start cleaning before her husband came from seattle with the move in truck. we said no, contact our agent. 3 days later they meet my agent and he is like "where is the husband?

I think she's interpreting that constructive feedback in the wrong way.

In other words, prices go up, and the next crop of buyers don't get that super yield anymore.50 years of data of Southern California actually need to be interpreted.  

And if we interpret it wrong?

I want to provide for them and give them the best life possible.The “What” in my life for a long time was real estate investing, and after giving over 10,000 hours of my life to that “What”, I wanted to give back and bring value to as many real estate investors as I could reach.The “Who” and “What” when blended together in my life became my “Why”:I want to help stressed-out entrepreneurs who are frustrated with not knowing their numbers and not making a profit by cleaning up their books, interpreting their numbers for them, and implementing a system to increase and prioritize their profits to be able to be less stressed, confident in their numbers, and make the profit they need to accomplish their vision and to provide for their family to have the best life possible.This “Why” gets me up in the morning and keeps me up at night.This “Why” keeps me going when situations and circumstances get difficult.This “Why” helps me learn a new system to protect and grow my profit.

Even if we're not all on the same page, it's good to see the range of responses and interpretations of not just what my legal obligation is, but also moral obligation, which is why I included "morally and legally" in my original post.FYI, the gas is still out and I expect it will be back on Thur or so. 

You may have a justifiable reason for accepting a tenant with a credit score below your typical threshold, but you leave yourself open to the interpretation of an angry future rejected applicant or (hopefully it doesn't get that far) a judge.

-------------------------------------------------------------------"Upon them knowing" Sounds like actual knowledge to me, which she did not have, so your statement that "[t]his did not happen" is unsupported by the facts.But then again, I'm just a lawyer, so what would I possibly know about contract interpretation?

The newsletters, meetings and conferences will keep you up to date on changing rules or interpretations. 

You'll still have to refresh the unit and market for a new tenant.I disagree with your interpretation of the tenant's paradigm, also.Since financial education is not taught in the schools, we all tend to fall into the habit of assuming that our expenses will remain relatively non-volatile.