A sense of urgency: People aren’t browsing Zillow to pass a slow day at work—they want to rent right now, crowding the market with high-intent customers.

I wouldn’t rent to individuals who don’t make at least 3x rent (and ideally they’d make more than that as that’s just a floor), I also wouldn’t accept a co-signer who doesn’t make at least 5x rent because they have their own bills and expenses, even if their credit scores check out I’d be concerned about them bringing in enough on a monthly basis to ensure that I was always getting paid, I’d honestly rather my unit be vacant than to rent to unqualified tenants ESPECIALLY in New York where eviction is a nightmare and the state doesn’t care about landlords in the least

Invest it into a syndication fund.Alternatively I could wait until I can purchase another home next year and use it towards that, but ideally I'd like to invest it this year for tax purposes.

If your rent is due on the first late on the second he will likely be late every month unless he pays in advance or you customize his rent due date. 2) Disability income is not garnishable.

Residential is ideal but I wasn’t sure if I because there are 6 beds.

It appears to me that the occupants might just ride this out to the very end to get free accommodation which is not ideal at all.

Agreed, it's not ideal for your tenant though.

Lower risk, same result, more potential customers to buy your product.

But they may not have been paying attention to that (and I have no idea what state you are in or what customs are the norm on purchase agreements there).

It starts by defining the criteria of an ideal tenant for each investment property.