In addition shale oil wells deplete significantly faster than traditional wells. 

While this can certainly be true Kim (debt to income can degrade) some key points I'd like to point out to people who might be considering conventional financing and getting loans :- you can use rental income with no landlord experience - Fannie Mae (Freddie Mac requires min 2 years on tax returns or CPA letter to state 2 years exp but most CPA's will not write that letter for you to protect their license)- you can add back depreciation and other non cash losses like depletion or amortization as these items are accounting losses and lenders are concerned with the "actual," cash flow that you will have available to service their loan they are thinking about extending to you- you can add back capital expenses as well if you can document it (make sure to save all receipts and invoices =D) since this tends to occur with investors the first year that complete many capital upgrades. since these are not normal occurrences every year they may be added back to improve your income if the file is structured correctly.- If a buyer buy's property that is still positive after the formula (gross monthly rent X 75% - PITIA) then you will actually improve your debt to income not hurt it contrary to what most think.

Costs for rentals can quickly deplete any CF you have and the less dollars per door, the more risk you assume.

Definitely not wanting to deplete my savings..  

Astute investors will clean up, but longer term damage will be done to the market if there is not some form of reform.City's don't care, they are reaping a fortune currently, so nothing will be done until too late.

As others have said in this thread, no dangerous/vicious breeds allowed as per our insurance.A nonrefundable animal fee upfront, and a reasonable monthly animal rental added to the cost helps cover the costs of cleanup/rehab once the residents move out.This has opened up the pool I’m interested renters dramatically and seems to keep people in their pets in the property longer.Screening is the key, For both people and their pets.It also helps when are we rehabbing a property to do it in a way that minimizes the damage that pets can cause.

Programs and insurance are starting to make progress beyond clean up.

My life is simple and I do not have to worry about ( What have they done today that I will have to clean up?

They went an incredible time letting taxes go unpaid before foreclosing and then tried to clean up the mess. 

I'll still occasionally let customers do this if I'm feeling nice, but now I let them know ahead of time (and have a clause in my contract) that if something goes awry with their materials and/or subs, it's on them to clean up the mess.