The collateral could be the prospect property if you are getting a loan from a private lender or commercial bank.    

If I find a prospective tenant that is otherwise interested but balks at the hill, I could "throw in" snow removal with no change in the rental price.

If you can get peoples eyes on your ad you may get some prospects for both buy and sell/rent.

Thanks @Darren SagerAny additional input from members concerning their method for informing prospective tenants what your criteria is and how you perform your screening would be appreciated.My current thoughts:1) List it on the advertising (is that overboard?)

I spent countless hours creating CMAs and Marketing Programs for prospective clients just to make a positive impression when I was able to obtain a face to face presentation.

Social media is to build relationships with existing clients and potential clients or prospects.

prospective tenants who yell at me for getting rejected for paying their rent weeks late & are slobstenants who try to leave their security deposit as last month's rentrental inspectors (just another source of income for the govt)

If the vacancy rate turns out to be more in the 10-12% range, it's still high, and your numbers won't be as attractive, but the property will still be workable {provided it is not trending up as the result of declining economic prospects in the area}.

Given a typical 30 day due diligence period and 60 day financing contingency, I assume you wouldn't spend the money on a PPM until the DD period was complete since 1) you're not sure the deal works and 2) you need the information to complete the PPM for prospective investors.

We started advertising ~4 weeks ago so I don't think we were too late to the summer housing hunting game but now getting too close to semester start... what do you guys do to reach out prospective tenants in this area?