I also fear the possibility of injury (why insurance is important).

But I fear even he can’t help you in this case. 

They might fear for their safety or the auctioneer might think of fleeing with it.....unlikely...but possible

Are you rejecting the animal because you have a severe allergy and would be unable to visit the home to collect rent or inspect the property, or maybe you were attacked by an animal as a child and you have a diagnoseable fear of dogs.  

Fear of being in debt and taking on risk in general....can be greatly mitigated, if not completed eradicated, by having clear exit strategies planned in advance.

Nags Head, N.C.Cap rate: 5.45%Average gross rental revenue: $53,939Median sale price: $615,50010.

Like Emily said, a number of shocking facts (or not so shocking to many landlords) have come out in the press recently on how few Americans can come up with a thousand or even four hundred dollar in an emergency....A FINRA study on The Financial Fragility of Renters was just one (with lots of stats).So no downpayment is a big one, as is credit score, and even with those who have resources, they  may want the flexibility to move or freedom from extra work or costs of maintaining and repairing the home.Even items like student loan debt or fear about the economy hold others back (still some out there who feel the sting of the housing bust).

Hotels are tougher for many to underwrite and while the returns far out rank most property types, many fear the risk associated with them.

We have been using traditional financing thus far but I fear that we are close to our limit on acquiring properties through traditional financing.

I've NEVER accepted such an offer - - I fear the prospect has no job and may not be able to find one.