I really would like to hit 75% does anyone have any small local credit unions in the area that they like doing business with?

@Mike McCarthy, I see that cozy requires a 2.75% fee when tenants pay with either a credit or debit card.

I had an Audible credit and it was between that Josh's book on Rental Property Investing or Shark Tank (how different would my life be if I downloaded Shark Tank instead?).   

We have racked up about 45k in credit card debt.

On the flip side, students can sometimes cause more damage than your average renter, so make sure you're asking for a deposit that will cover you if they destroy the place and always make sure you require renters insurance.

Hi Adam,Just a couple comments and I'll leave the rest to others.In a downturn like 2008, I think it was more common for secured lines of credit to be frozen, not called. 

giving credit my go into a bad road depending on the type of people your tenants are as they might expect it again down the road. if they are great tenants, never bother for the small stuff and you want to keep them, I would give them a small reduction on rent to help them off set the electricity bill.

Most banks will limit the income credit from the rental given your limited ownership (less than 2 years).  

Some have actually even done worse damage to the item they were sent to fix. 

I currently have a potential tenant who makes good income and everything seems good about her, however her credit score is horrible (about 450) and many derogatory credit accounts.