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. 

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

Etc.A relatively inexpensive book like Dave Van Horn's Note Investing book could get you up to speed very quickly. 

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The housing market these days is outdated and inconducive to quality living.

Go talk to realtors, analyze 100 deals off the MLS,talk to PMs about maintenance costs you can definitely get upto speed quickly and find a decent deal if your determined.

The quality of tenants moving currently are well above average.