We've got to raise it, but we don't want alot of moveouts all at once, have to make a lot of repairs to rent given some of the capital demands we've just had (more surprises), so we're going to evaluate the properties and to check on those factors.

@Uzziel CortezIf you are looking at markets in the Midwest like Indiana, I would recommend checking out Columbus and Cleveland OH. 

What I would suggest alternatively is putting a clause in the lease that anyone above the age of 18 that's going to be living in the unit for more than 7 days has to be approved by the landlord and pass credit/background/income check etc. 

Check out this blog written by Leslie Pappas, you may relate to it. https://www.biggerpockets.com/member-blogs/7993/48729-are-your-rental-properties-weighing-you-down

Also, check out some of the local meetups that you can find in this forum!

Double check everything. 

I will definitely check them out.

He showed me his cash statements and had a quarter of a million dollars in his checking from a recent inheritance of a deceased family member.

I would ask them to check out the house physically, if you get there then make a firm offer you're comfortable with it.

You can also check with @Dave Foster he is who I send all of my clients to.