I disagree, however.

Both agree & disagree here @Bob Stevens - a lot of people need the courage of figuring things out for themselves first before jumping in... but inevitably DOING is better than waiting. 

This could be a home run for @Gary Garcia in a few yearsCan't say I disagree that he might win if he buys these. 

If they disagree, and you don't like it, you can get another lender. 

However, I must respectfully disagree with your statement that SFH with 3 to 4 bedrooms would not be profitable.

:@Tyler LabelleIf the terms of your lease say that late fees are not assessed until the 10th then I don’t believe it’s fair for you to begin the eviction process on the 5th.Sorry Sen I respectfully disagree, she is in default of her lease if she is even one day late unless her lease specifies otherwise. 

@Robert Salazar Investors will agree or disagree about meeting the appraiser at the property, but from our experience we meet them every time.

My guess is, some of the family members are disagreeing. 

Many others will disagree and say that other areas are more profitable.  

no, you are not. therefore, that is why i built in the utility payment. as far as option 3 goes, i do like having the ability to bill overages back to them. however, i am not looking to suck every single penny from anyone. if it goes way over, that will be not so great, but you are collecting so much in rent each month that you should be able to afford it. many people will disagree with that but i have always operated from a place of fairness and never gouging anyone for all they are worth. i use to furnish my places and i do not anymore. i will throw in a few small items here and there but that is about it. it has not made too much of a difference so i have shied away from it the last few years. i also think it depends on your market. if furnishing the place is commonplace, then i would prepare to have a few pieces of furniture ready to go. as far as fair housing, that can be tricky as you know. lets talk more in depth about that so you can be more comfortable with it. happy to do a call with you if you would like. i think you are dead on with trying it as a pilot in one of your units. i really like that idea. i think that would be perfect for you.