He can’t find an apartment in that area for what he is paying.

Sometimes you can talk directly to the owners.Use the Internet - Websites can show you houses that are being sold because the owners couldn't pay their bills or are in other kinds of trouble.Check Public Records - Look at official papers to see if a property owner is behind on taxes or other bills, which could mean they need to sell fast.Study the Market - Learn about how much houses in that area usually sell for and how much you could sell it for after you fix it up.Be Careful - Make sure you investigate the property fully to see if there are any legal problems or money owed on it.By using these steps together, you can find properties that might be a good investment because they need work or are being sold at a lower price than usual.Kind regards,

What is their responsibility if the tenant they place doesn't pay?

Honestly, most of the companies that back DSCR loans are "investment bankers" that don't have formal credit backgrounds, so I'm not sure if I would trust them if they say they don't report.

This pack of gum (that I did not pay for) accidentally slipped into my pocket...This bottle that I did not scan just got mixed with the other bottles that I did scan...This receipt is not really for this pair of shoes, but I want to return it anyway...Sorry that I dropped $10 ear buds into this Amazon return for $200 ear buds, it got mixed up...Should I continue? 

I pay attention to see if they have been renovated and if they have the same amount of bed/bathrooms, also if it has a pool or not.

Listen to your elders and network and attend meet and greets, but don’t pay for special attention. 

When I messaged the guest they would have to pay or leave they refused to leave.

I did withdraw from my 401k for this first property downpayment as I do not pay penalties on withdrawals and will definitely kick me into the next tax bracket for this year for overall income. 

You go somewhere like Stamford, Norwalk, Fairfield county, etc. you will pay more/less cash flow but higher rents with higher income professionals being so close to NYC.