But in the grand scheme of things they are very different.

I live in Harlingen, Texas, some folks know it as the Rio Grande Valley and yet some only know us because of South Padre Island. 

I am comfortable with North Oak Cliff, North Dallas, Irving, areas north of DFW Airport, the Mid-Cities Area, Grand Prairie, and Arlington.

I am wholesaling in Scottsdale, Tucson, Phoenix, Chandler, Meza, and Casa Grande so far.

If I had to make a grand proclamation, I like to have at least enough cash on hand to weather a catastrophe and avoid losing my assets, wherein I had expenses and no income for a significant amount of time.

Then you can always raise the price of the rent to the point that they leave on their own, or add a non refundable pet deposit for a couple grand to cover the damages from their dogs when they do leave.

(I mean that in a friendly way... you will be back, and need to feel welcome to come back after you've learned your lesson and wasted a few grand on inspections and appraisals for loans you couldn't ever actually get from that lender. 

New to Grand Rapids mi...

Explain what you can do to help them KEEP their house...or buy their house and give them an extra ten grand after the bank is paid off.

He can show you how to buy slums for ten grand in the hood and sell them as beautiful turnkey 50k homes to unsuspecting out of state investors !