At the end of day it is always better than this worst case and have excellent returns.

Most of ours fall well below 700 credit but they are all excellent tenants. 

This is an excellent thread with a lot of great points and I wanted to add a few of my own.

I'm looking to build a long term relationship with an honest and reliable GC in the area.I'd rather connect with someone here if possible than vet through tons of Craigslist guys.I'm a local investor who needs someone for rehabs on SFH's and MFR's.I'm also open to discussing partnerships on deals as well.Feel free to shoot me a colleague request or message to discuss further.

I'm looking for a true professional that I can rely on that is not trying to take advantage and would like to build a relationship.

My company provides IT support for them, so I have a relationship with them. 

If the relationship is serious I would think before purchasing a multi family you would of discussed it with him.Anyways now that you own it the best financial decision would be for the both of you to just commute farther than you would prefer to and live in one of the units as you had planned to.

The Pros are that 1) he does not ding your credit by checking it, 2) he does not saddle you with the debt, 3) you build a relationship with him on paying on time, so that he may wish to sell the property to you at a later date, formally where you take out a loan.

Excellent points and definitely need to look out for that ahead of time...I'll be sure to get those square with my lender before going for it. 

Hi All, I am a Realtor in Colorado and I would love to understand what I can provide you as potential clients to develop a long-term business relationship.