We sold a 2 bedroom condo in San Diego that would rent for about $2K (my daughter lived in one room, exchange students paid $1K/mo) and were able to buy 3 homes in Coos County via 1031.   

You should get these things for all applicants:1. rental application with employment reference and personal reference2. credit3. past landlord reference4. check for eviction historyMost apps like RentSpree include all this in what the tenant pays to send you a report.I cosigned for my daughter and her boyfriend on their first lease.

Mentally it's hard to buy into a dipping market, but I think that's where a lot of money is made longterm. 

Kind of the mentality of the war torn countries like Angola/DR Congo - where leadership thinks "get them conflicts going and get them blood diamonds making us rich".

So I'm trying to have a "built to sell" type mentality here. 

While that is not a big hurdle, it should at least start to give you an understanding of the mentality the Italian government have towards business owners.

Would this be something where your daughter would live and 1 or more of her friends would be roommates?

It has brought me into a great depression mentally as I have to start all over... but its hard talking and trusting people now.

We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

I have a DADU over my detached garage that my daughter used to live in, but now she is out on her own so if I want to do a more major renovation (need to refinish the floors and maybe open up the kitchen more), I can move into the DADU as well.