For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

When it rains or hails a metal roof that's is open to the living area is extremely loud.

Like Greg mentioned, I would be concerned with his/her responsiveness while I was living there. 

Our biggest climate risks in central Texas are typically wind and hail, so anything of concern regarding the roof could get an applicant declined including trees too close to the roof surface, roof over 10 years old, etc.

As a negative, it also has the largest gap between the cost to buy versus the cost to rent, making cash flow extremely difficult without committing more equity up front.

I know not typical on here to have such a little amount in loans but we enjoy great cash flow that we live on, have lots of flexibility in what we can do and have no concern about making payments if the economy were to take a dump.

I have not been concerned about negative cash flowing due to gaining so much equity. 

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

For me it's CA since I live here but the prices are extremely high for a new investor.

I don't expect a swift recovery from Trump, without some extreme pain.