Also, if boomers with large homes wanted to downsize, there's fierce competition to buy high-quality smaller homes anyway so it probably doesn't sound so appealing.  

And by doing the renovation, I know the quality of the work.

Apartments.com has worked well for us for ads; fewer applicants but better quality.

We don't like gas because of the indoor air quality issue.

BUT realize that when you slash too much you can get a lower quality of person staying that won't take as much care.- I maintain over 90% occupancy across all my cabins. 

I always submit a FOIA request (Freedom of Information Request) to the city before I buy to confirm zoning, fines, judgments, violations, outstanding water bills or other issues, ongoing code enforcement issues, etc.  

In a world of options, how can we narrow it down to the quality ones that aren’t raping pockets, and protect the future?

@Sammie Baker QM is "Quality-Mortgage" which sets standards for loan delivery to the GSE's.

The lower rent would also end up with a lower commercial value however, because the lower base rent with 3% increases ends up being alot less then the UPS would be over the 10 years with increases.So, financially, #2 is a slam dunk.I am concerned with the type/prestige/quality of the co-tenants. 

The housing market these days is outdated and inconducive to quality living.