In Denver these days that space is equally competitive, a lot of that being due to the MMJ industry hogging previously undesirable space.  

“This level places California distressingly close to peripheral Eurozone countries that faced financial crises in 2011 and 2012.

My list allows for some discretion if one component is lacking, and almost all of your undesirables will lack in more than one area so they will disqualify:Applicant must be employed or have verification of income.

This is standard practice.He is obviously a undesirable tenant having paid late 3 times but the reality is he pays late because you have not trained him otherwise.

Once the property is off their hands and into mine, I act swiftly to get everything in line and either save the tenancies or encourage undesirable tenants to move.

Are there ways to attract undesirable tenants?

A vacant unit that looks like crap (however undesirable) is still better than the condo project being disqualified for borrowing. 

Philly is a lot like Baltimore, great neighborhoods a block from very undesirable locations.But honestly, given the numbers... even if you are off a bit, all it would do is turn a home run into a double.

So a little lower revenue is undesired, but I am in a position to have no issues absorbing it.  

Duplexes and triplexes are found in undesirable or “less than desirable” areas and have inflated prices.