The best bet is to stay on top of any buyer, and vet them as best you can.

Also they want to get a condo or a townhouse because its more comfortable and I am here dying in my mind thinking on HOA fees, not having an extra room to rent for house hacking, etc.My brother told me that one of the lenders told him that the loan options would be better if we both are in it (me as a cosigner) thing I refuse to do.

Our PM arm charges 9% and a leasing fee of one month's rent (our average length of stay is 38 months, so you'd pay this about once every three years or so).

I am now more comfortable when analyzing a deal.

They usually stay for 1 to 2 years before moving on.

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsYou can also search for other investors or brokers in your market and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersAnd of course, be sure to subscribe to the podcast - so much great info there and also full of inspiration.

The people that tend to stay in boarding houses tend to be on the lower end of the socioeconomic scale.2.

You can turn this around and stay in the game if you truly have the passion and aptitude for the residential rental business.

As you move forward.... keep in mind that tenants who enjoy where they live, can afford the price, and are pleased with how the property is managed, are likely to stay a long time.

A military renter will typically stay put for 2-3 years so you get stability.