Personally I want anyone 18 or over living in the house on the lease and full credit and background check on them. 

Here's scenario:In my early 50's married with 2 kids, good income, live in San Diego, CA.

First-time homeowners can start creating wealth through real estate while lowering their living expenses by using a clever tactic known as "house hacking."

I live in Jackson, MS, but I am open to travel and invest wherever.

You can get top dollar likely, but it still needs to be reasonable and comparable. if it’s a declining town with not many attractions or amenities, then it’s likely there’s no rentals available because nobody wants to live there. mot sounds like you may be describing more situation #1, in which case it’s a ripe opportunity if you can get a deal on a property

If one had enough income to cover all their debt payments outside of rental income then reserves would not be as necessary as someone who relies on rental income to live on.

You can easily youtube his videos such as the one below.

I live in the Grand Rapids area as well.

I live in Nashville TN but am looking to invest in Dyersburg Tn, as of which the housing market is significantly lower due to a much lower cost of living.

See where they currently live and drive by.