If there is a college nearby or an employer that employs a lot of young professionals I would be more comfortable.However if the area "grows up" 1 BR might be a requirement for most renters and 2 BRs more desirable.You also are in the "no-man's" land of too big for residential loans - but too small for on-site management. 

Don't take yourself too seriously, especially if you're self-employed.

Assuming Smartmove recommends the applicant, we get tenant references from prior landlords, assuming they have rented previously and lastly income and/or employment verification.The applicant pays for the Smartmove screening which is $35 currently.  

From what I have researched thus far, the solo 401k or self directed IRA have a qualifier of being self employed, correct?  

Such as Raytown, Independence, Lee's Summit, Blue Springs...etc  SKC/Grandview/Belton is making a great come back due to large corps bringing in a vast amount of employment & probably several transfers!

@Bobby HughesIf you are self-employed at least on a part-time basis you can explore opening a self-directed solo 401k, transfer some or all of your former employer 401k plan and then invest the funds in physical real estate. 

We didn't run a credit check or verify employment. 

We "screen" by obtaining their Rent up front, and gather ALL their info, copies of Driver's license, employment, emails, etc.  

The president, Brian Burke, is not just an incredible real estate entrepeneur, but also one who believes in giving back to the communities in which we live and work.One of the single family investment strategies Praxis employs is buying entry level homes, rehabbing, and leasing them to individuals and families.

People forget that a big employer here, Scott & White, have many employees that need homes to rent or buy while working on their residency or starting their practice in medicine.