I just get the impression that it isn't really worth their time and they wont manage nearly as well as you would but I could be wrong and I'm sure there's a 1/1000 pms who treat the management professionally regardless of the number of units.  

Credit score is acceptable, he has no evictions, have enough income to cover rent comfortable. but then i am here as it's useful to learn from others experience for this kind of profile and background that I have no experience with.   

Proper underwriting and due diligence (DD) processes are essential to ensure that projects maintain a strong risk profile while still delivering attractive returns.

I'm ALWAYS IMPRESSED with the creative investing you figure out with your clients @Henry Lazerow!

The risk profile for someone who's a local GC and has worked on structural rehab buying a portfolio in a building is quite a bit different.Also, situations like this where professionals can properly evaluate risk and bring in capital to solve the problem of said older folks is a way to earn income and make a positive impact (assuming you're not low balling the distressed, fixed income seller).

Columbus OH for example is a popular choice, with the city experiencing impressive property appreciation surpassing the national average.

I was under the impression that this clause says  that the appliances are there but they are not included in lease so Im not responsable for them and that it is their choice to use them or not.

The appraisal indicates the rents will cover 1.1 of the PITI, and the credit is good, with 20% down, solid savings, and a W2 earner (a beautiful lending profile).

I would recommend working with Lani Stallings in Conroe Texas at https://www.zillow.com/profile/freedomtolive77

Sometimes, local credit unions or smaller regional banks can offer more competitive rates, especially for strong profiles like yours.