Good luck with that. There are no toxic loans for renters. If they can’t afford it, then they will either move or stack people in so tightly that your house will be thrashed within a few months.
I’ve seen plenty of LLs try to overcharge on rents in order to cover their costs. The rentals sit for months and months while they await some fool who will agree to the overpayment. Problem is, once rents rise to near PITI payments on equivalent properties, you’re going to see more turnover as the renters move to ownership. The days of 20% downpayments making the difference between renters and owners seem to be over. Even now, you can still buy a house with very little money down.
