I am less concerned with the bankruptcy if you have had no problems with the existing tenant.  

The ones where a cashflowing house exists

Do you have pre-existing relationship with this money person?

Leave it to a SoCal-er to assume we are the only ones that exist ;) And I hear you on the small town preference!

You should explore tax saving strategies on your existing equipment rental business, if not already.5.

Clearly the install costs is much less on vinyl but does the stigma still exists?

The units we plan to rehab currently exist, but as a 3 and a 1.

. :)If your future plan is to someday maybe rent out by the room, Fannie Mae will not go for that, since that would be a wide open door for people that don't have the income to qualify for what they want to just make up fictitious possible hypothetical future income sources that may or may not ever exist or pan out.

Look at the types of employers and the vast number of them that exist int he cities.

Inquiring if anyone had any experience or willing to share learning resources involving Investing in Rental Properties $70k and below with existing tenants.