Agree with Kyle above, so you need to throw out gender, pregnancy, familial status, etc (just don't even consider it, mention it, or factor it into your screening in any way) then go back to your criteria and see if you have a qualified applicant.

You really want to make sure that the land you are buying doesn't have any major constraints that can't be overcome, or even if they can be remediated, at what cost, i.e. environmental, soils/geotechnical, adequate access, zoning, etc. 

I haven’t nailed down a potential investment yet, just wasn’t sure if I was able to even use the equity. 

Those factors don't even take into consideration the cost to prep a unit at turnover and possible placement fees paid to an agent to find a replacement tenant.

But have recently thought about the longer term picture and my passions don’t align with my career even though the job is comfortable and technically what many would call a great spot to be as a Physical Therapist.

In May, as in the previous three months, the growth in homes particularly priced in the $200,000 to $350,000 range outpaced all other price categories, as home inventory in this range grew by 46.6% compared with last year, surpassing even last month’s high 41.0% growth rate.

He insisted on micromanaging them and communicating with them himself, put them on "payment plans" that resulted in them getting even further behind, ignored my suggestions to serve 5-days, then looked at his account one day and realized just how far behind they were and that they would need to be evicted (we've already been through one - a few of them I was able to get on track), and blew up blaming everyone but himself.

Even if you don't do section 8, you will still need to pass a rental inspection with the city.Hope that helps,Michael

Even though I was cash poor, I had good credit that I had been working on since I’ve been a member of BP. 

And even better, it's about half a mile from neighborhoods with $800,000+ homes and there are virtually no rentals in the area so should do well!