I'm wondering if we should be more specific about our rental criteria in writing our ads. We started advertising our apartment a week ago, and have received about ten rental applications so far. One flat out lied, one...

Hi Art, I just recently purchased a triplex as a house hack.

In the grey areas income can start becoming more "art," than "science." 

Real estate is a social business, it's an art and a science.

Add to that the down and out areas that are having major revitalization...Bishop Arts, Trinity Groves, more development in Historic East Dallas, etc.  

These tenants sound like professional deadbeats who have the art of freeloading down to a science. 

If you want to learn how to comp a property there's a whole lot of resources available here on BP and even on Youtube.I suggest you read past "Step 4" in the article for this guy's comp strategy:https://www.biggerpockets.com/renewsblog/2014/04/2...With that said, It's an art not a science really as almost everyone has a different style of comp'ing properties and if you ask an agent to show you how they do it, it'll only be so helpful as your resources for getting data will be different. 

My passions are Real Estate, Sailing, and Art! 

Art, Peripatetic?

It'd be helpful to get about 1,500 square feet or so.  2) I want a right of first refusal so I can buy it (I have a family); 3) I want to buy it from a wholesaler; 4) I want to partner with someone who knows how to flip houses; 5) I want to smartly finance it; I have access to FHA loans including a 203k loan; also willing to use hard money as an intermediate solution too, particularly with a partner who is skilled in the art (I'm in the process of getting pre-approved for a mortgage so I can set an exit number and then work backward into this flip deal); 6) I would expect to split the profit 50/50 with the partner (and if the flip goes so well that my family and I get priced out of it, perfect:  Then the house will be sold and I'll get 50% of the profit).