I expected some lenders to see that we are seeking to maximize our investment dollars by investing in a lower cost city. 

This is owner occupied situation so I don’t want to lower my standers too much but I also don’t want to have vacant for too long.

My goal right now is to get out of the hassles that come with the "lower end" properties and save on the management burden. 

The website is very friendly and the fees are lower. www.airdna.co is a great source for data that can help you choose a city.

Do you essentially just throw out those leads, or do you try to follow through with them despite being in areas with lower cash-buyer activity?

Yes, prices are high, but I am personally still buying as I know I'll be holding on to them for 15-20+ years and that in that timeframe, I'll see some appreciation.

I would offer the 5 unit seller a lower price than he really would like, but I would buy it "As Is" with no contingencies.

Maybe you can get for a lower price?

This new one comes with a lower premium and deductible, but I'm still dealing with being assigned to technicians who don't show up on time, if at all, and having to explain my issues to representatives who don't seem to know that much about home issues. 

Do you find it difficult managing multiple people under one roof in the lower income classes?