But I actually wonder if these programs go away, after the initial pain, the long term result is likely to be positive - a great increase in the number of 2-parent households.

Great quick breakdown of a concept that many mistake, and great question above, Jaron.Depreciation on a property doesn’t start the moment you buy it or when it’s sitting vacant, it starts when the property is “placed in service,” meaning it’s ready and available to be rented like Michael mentioned above.

The buyer liked it because they picked up an eight-unit property for almost no money down and with long-term financing on the first.You may have to work through hell and hot water to find a worthy lender.But the concept definitely still exists.  

It includes income (gross) per month for the household, estimated credit scores if known, reason for moving, known credit or background blemishes, where they are currently living, when they are looking to move in, ect. 

But the spouse/partner isn’t screened by anyone, and that is where most landlords get burned.Here’s how most experienced MTR owners handle it, and what I’ve seen work best:Screen them as a household, not just the nurse.If two adults are living in your property, they’re both legally responsible for rent and for whatever happens inside the unit.

Larger Tenant Pool:SFHs appeal to households who value privacy and are willing to care for the property.

@Maya Jones great follow-up, and it’s definitely a tricky spot when dealing with inherited tenants and changing household dynamics.If someone is already living in the unit and you're trying to verify income as part of requalifying the household or adding or replacing tenants, it's reasonable to screen based on income and ability to pay, just be sure the same process applies to all adults being considered for tenancy, whether or not they have a Social Security number.As long as your rental criteria are applied consistently and you're not selectively enforcing them, you should be on solid ground.

According to recent Fannie Mae calculations,it will take one of three things, or a combination of them to get back to affordable housing in America:Housing prices would need to drop 38%Median household income would need to rise 60%Mortgage rates would need to fall to 2.35%This widening gap is why creative investing strategies are becoming more important than ever.

We have tried room rentals (concept such as Padsplit) but way too difficult to manage even though cash flow is greater. 

If the new tenant can stabilize the household and meet the standards, it is worth trying.