Also, As I have said before in these forums, it really comes down to your risk tolerance and what you are trying to accomplish with your REI.  

Different lenders will have different tolerances. 

So interview the lenders on what their tolerances are with closing times. 30 days is kind of what you want. 

I have a zero tolerance for lease violators and make that crystal clear to all applicants up front.

(obviously my mistake) So 2nd time almost identical issue, on the 5th tenant came by after hrs with no phone call or acknowledgement that they had left payment except this time we saw the car leaving so i called (of course no answer) but left a very stern and detailed message about how this was not acceptable and no longer will be tolerated. 

Of course, things don't always go according to plan so it depends on your risk tolerance.

Things that a professional will need to consider before offering advice:Your other sources of income (personally and within your family/tax entity structure)Your tax goalsYour asset liability goalsYour retirement savings goalsYour tolerance/ability for recordkeeping and rules followingWho you're doing business with, how they are structured and what type of business you are doing with others (Partners? 

I think this depends on your risk tolerance.

And a lot of landlords prefer to avoid Cincinnati Public like @Joseph Cornwell.I think a lot of it comes down to your personal risk tolerance and what you're trying to do.

that all depends on your risk tolerance and profit % of the next thing vs the loan costs.