I don't mean to be negative but you have to put yourself in your tenants shoes.

Generally speaking you want to avoid the frayser area and orange mound area.

People give a lot away about themselves when their speaking and when she did it appeared her income and lifestyle just didn't jive in a lot of ways and it sent a big ???

Negative cashflow can sometimes be offset by the tax advantages. 

generally speaking the HOW TO SELLERS in the real estate space all have a feeder event to sell their higher priced boot camp or in this case big dog..

@Fernando CardonaThere are a couple of items to think of here.You might be considered in the business of issuing money.The pro is that the interest on the loans you borrow from will be deductible against your income.The negative is that your income might now be subject to self-employment tax.You should think of the money you earn from a post-tax perspective.if you are borrowing at 6% and lending out at 10% - you are only making 2% if you are near the 50% tax rate(fed income tax, self-employment tax and state income tax).Depending on how diversified you are - one person not paying you back can make you lose all your gains/income

Would love to speak with someone in Greater detail.

Speaking with the current manager, he says there is demand for the units and when first renting out was getting 5 applications per day until filled, but that only 1 tenant in about 25-30 applicants was qualified.

Now contractors are another story, when I speak with them I’m just an employee.

thats a question best researched with a RE attorney who knows tenant/landlord laws, and probably worth speaking with some local PM's in the area as well about their experience.