Does this sound right for this size loan?

@Joshua Woolls - that's actually just an "iron-look" screen door (which will be removed along with the shutters around it)!

Like you have to screen very well to get decent tenants and make sure they meet income requirements.Demand for rentals is very high right now.

We are a small-mid sized management company.

If the properties are similar in construction and equipment (furnace, AC, water heater, ranges, etc), then splitting on size is an easy way to do it.  

Double the size of the LA area and 35 times the size of NYCI don't pay attention to these reports because it is impossible to generalize and area that big as one single data point.  

They take up a lot of space and are difficult to fit in a standard file cabinet (since they're legal sized).Is there any reason at all to keep the paper copy of the HUD if you have a pdf copy?

The KEY is that the brokers/agents who are excellent at what they do PICK WHO they work with and not the other way around.When you have a certain business model as a broker/agent you screen potential clients for a match.People who suck away all of your time, do not follow direction, and do not respect the profession do not even get past the first phase of screening.

My though is more in line with lower entry barrier but yet good size cash flow.

Some things with bad agents are just outside of a brokerages control.The size of the disclosure will vary state to state.