@Jimmy Vance sounds like overkill if they are SFR or small MFR.Only sense to do this with multimillion dollar properties.

When people show up for an open house, and they see other people touring the home, it can create a sense of urgency to apply.

You do lose the option to house hack but you can find deals that make sense for you financially. 

Our full-time acquisition team goes through every on-market property that comes available in our markets and only sends the ones that when preliminarily analyzed make sense for our system, so that you are not spending hours going through hundreds of properties a week that would never meet the criteria needed to successfully micro flip (like I discussed on my recent Bigger Pocket episode).

Would love to share my experience  Hey Carla, looks like we share a common background.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

The numbers work out to make sense.

Everything is pure profit after that.Do the math and see if it makes sense to you.

Not renting to Sec.8 Tenants is not discrimination - they are not protected class.Pre qualification as drug free is not enough to get you a good Tenant - they all drug free.The main reason is that people have huge sense of entitlement: changing light bulbs is on you because government pays you!

There are value add deals which make more sense, but those are typically off market and you'll want to start building relationships to get access to those deals.