I am currently looking at buying a new construction home as a long term rental property. sales price $214000. first my lender told me I can do 0 down. and I am really excited about this deal. but later he told me that am not qualified for 0 down because of my income. the other option is that I can do fha with 3.5% down, 6.125% interest rate. cash to close is $14000. my monthly payment is around $1575-$1590.it can at least rent for $1700 as a long term rental property.

I dont mean to be blunt here but these all feel like questions that your agent should be giving you guidance on since they know the details of the purchase, the comps, the interest rates, the projections for your investment etc. 

When tenants are so far behind, there's a good chance they can't afford market rates.

The success of your rental depends on it.

You can keep trying as it is possible to get different results depending on who you talk to, however I do not think it is worth the energy. 

Depending on your state you may need a separate bank account for your tenant's security deposit.

We would then rent the back unit for market rates and keep the tenant in the 1b/1ba unit. 

Just trying to figure out our options here, would love to keep the interest rate if possible for obvious reasons.

I'm aware of the vacancy rate being 6% in the SFR industry but I was wondering what percentage of units go on the market every year from your portfolio.

I think it depends on several factors. 1.