Heard off the cuff comment that CAP rates around 9 or 10 is more attractive to them. ( My thoughts are that apartments buildings in safer locations, in better cities, had been seen as offered at between 4 to 7 CAP rates, While only in undesirable area of cities and towns, we can see CAP rates higher, as risks are higher and quality of tenants inferior.)

I looked at CA but the price point and taxes made it undesirable there.

Every landlord should have a method, that can pass legal scrutiny, to get rid of undesired tenants .Just do not do something stupid like indicate that you are not extending their lease because they have an emotional support animal.BTW we have a unit with a legit support animal. 

Oh and remember this: if you get a property manager to work with a property in a very undesirable neighborhood - and that is an IF - you're going to have to manage them.

It's too bad many municipalities see tiny homes as a sign of an undesirable neighborhood.

Here are a few things to think about:(1) Having him as a tenant may make your property (and your business brand) undesirable in the public eye. 

They just mean that the property and/or area is undesirable, thus the greater market places less value on the income stream than in better markets. 

Right off, either those rents are not realistic, or the place is about to collapse, or it's in a very undesirable neighborhood.

Their highly professional and legally compliant tenant screening process ensures that all undesirable Riff-Raff is readily identified.

Yes, the HOA costs are undesirable, but if the association is well managed, I need not worry about exterior paint, roofs, driveways, trees, etc.