I am currently screening an application and the Tennants are moving from a small city in one state over to a larger city for a new and better job.

After you've done enough of these, you'll fee comfortable using rules-of-thumb to screen deals, with reasonable knowledge of what your HML costs will be.

Then reconsider your business model and product (rental unit) quality. 

The property is in average quality due to some recent capex improvements. 

A DC initiative was also mentioned.As the story quotes Eric Grumdahl of MN, "we are asking landlords to affirmatively choose to house veterans who, frankly, in this market would be very easy to screen out..." - but if you have appropriate housing, having the incentives certainly helps!

The are does have a few flippers but most are very low quality and do not have the construction network that me and my business partner have from being in the field for years so there Reno cost is so much higher then ours we can sell cheaper and better quality, as our last 2 houses were both under contract in less then 10 days where theirs sit on the market for months. 

I could lower the rent to attract a quality tenant that would still get me more money than had I used a manager. 

in the future you could just google HML in the area your looking to invest the local guys are usually the strongest no doubt.. getting responses from out of state  lenders could be systematic of the acute shortage of quality deal flow.  

I do know that developers are very focused on the I-10/1604 area right now, which is just south of Leon Valley.Building Classes...very short descriptions:A: top-quality building, getting the highest rents, very well-maintained, best locationsB: One-step below "A".

I was a newbie, I did not know how to screen or evict tenants properly, and my tax returns showed loss after depreciation.