Took good care of the property as well.  

So first, I'll answer your question then I'll tell you what I would do if that matters or you care.1) I don't see a need to choose one or the other. 

Be careful with flood zone properties.

People who get evicted could care less about a judgement or the collection process. 

The city’s diverse economy, which spans transportation, healthcare, and education, provides a solid foundation for long-term growth.

I’ll certainly take this as a lesson to leave no detail overlooked and to approach every aspect of my agreements with care.

Any tips or advise would be great!

Pros - guaranteed rent, tenants stay longer on averageCons - more mgmt needed (lease violations), they tend to not take great care of properties (increase maintenance expense or deferred maintenance)

Rehab Loans do not generally care about your DTI or your income.

@Nevin WilkieGreat tips from @Matthew Becker.