We're coming at it from this angle, but looking for any other suggestions.Any tips for getting the variance approved? 

If you could, recommend me a school in that area that you know is quality and reliable.

The biggest tip I can think of : make sure you find a realtor who specializes in working with investors, typically they will have investment properties of their own.

Even at 500/unit, I'd still be elated just to keep vacancy as close to nil - and I understand, that may not be the best route either because of the quality of tenant - yet, I've narrowed down a couple of Property Mgmt companies in the area that seem to be reputable, and have been the ones that the real estate agents recommended, too.  

My main concern with that is tenant quality.

Any advice/tips would be great!

We tried to minimize risk with renting to high quality military NCO/officer, good property managers, friendly neighbors for eyes on property, maintenance insurance, money in savings, and long term hold for time to gain the equity and have rents rise over time (which haven't actually risen as much as I'd thought).Sorry for the long note, but that is our single family rental  experience as a military member using VA loans from 2002 until now.Cheers!

Thanks for the tips.

I'm planning on purchasing a Triplex it is already rented out slightly under Market but I can adjust things does anybody have any tips of what I should be looking for or what I need to think about

There aren't many renters in the area, and while we all know many great renters that would give you the shirt off their backs, there is a negative stereotype about renters that exists.While there is nothing they can do legally, I like my neighbors, want to have a good relationship with them (they have my number, and would likely text me if the renters are causing havoc, for both their benefit and mine).Have any of you experienced this, or have any tips on how to "break" the news?