Huge cash out in the future from appreciation or active income from rentals now? 

but if you have a view on active vs. passive income.my goal is to have income from multiple sources, ideally part time work that i enjoy is a component. 

I would be prepared to file for eviction etc. if they are 1 day late on payment, but would not actively be working to get them out if there is not a blatant current violation of the lease agreement. 

That is not a small thing.Banks are audited for “suspicious account activities” and a notice gets sent to the FBI.

Exploring AZ, TX, OH, and FL makes a lot of sense—those markets are active, and Florida, in particular, could offer unique opportunities with properties affected by recent hurricanes.

If i were active though it could have a much bigger impact.

In my opinion, that is a riskier bet because you have to have a big pile of cash for contingencies.  

Sounds like their combined income likely beats your other tenants.Your gut is probably your best bet and you need to go with it. 

But I wouldn't be surprised to see us settle in the low 6.00% range.I have some aggressive bets in stocks and long duration bonds that will benefit if/when that happens.

I have property here in San Antonio as an active duty member as well and there are over 10k properties listed for rent in the city.