I feel if you carefully screen the tenants, and do the other things you mention, the chances of having a bad tenant are about equal.

You have numerous other expenses, including property management, advertising, maintenance, legal fees, utilities, vacancies, tenant screening, and who knows what else.

Any adult that will occupy your unit should complete an application and be fully screened.

Both quality individuals.

In San Francisco (where I live), a good quality SFH would fetch 3000$ per month approx.

In your experience are the buyers that attend all interested in the same 5% or so of the quality properties?

Do any of you guys use internet marketing to capture good, high quality leads?

I closed my first multifamily syndicated purchase this week (24 unit, 7 yr old high quality condos in Des Moines),but, my second deal fell through because the largest investor pulled out at a late stage and I didn't have a backup investor so couldn't get to closing.

I also use a tablet pc with a wacom screen.

Especially with the loss of rent revenue they experience due to nonpayment of rent by the tenants that weren't screened properly.