Consider what questions the potential mentor may ask and how you would answer.

Just your mortgage alone, almost maxes out and any potential cash flow net.

Are there any potential solutions or alternatives that I haven't considered?

Any what near by towns have comparable appreciation potential to Orange City (Sioux Center, Le Mars, Alton). 

In our lease agreement we use we put that the tenant if they break the lease are responsible for any marketing cost, tenant placement cost, and other associated cost of replacing the tenant. 

They are feeling less certain about their job security, their 401k and IRAs are down, costs keep rising, etc.  

Attached single-family rentals are especially promising due to lower maintenance costs and higher rental yields.But now think of the families who wouldn't want to live in such conditions, I think there is a future, because demand is no where to be finishing

I recently listed on VRBO and now have my calendar blocked by the company after speaking with a potential property manager. 

The Mayor asked the question "what are costs of the housing provider?".

There are other single family rental interests in the area that could potentially bare that burden as well.