I've been watching Chad Carson's videos and his approach of accumulating more properties than you need, then start using that income to pay off mortgages and cull the lower performing properties makes sense to me. 

It does not make any sense whatsoever to wait.

When leveraging money, I think it makes more sense to do it in a market that’s showing signs of growth.

Only rental cabins catch on fire and not primary residences.In all honesty, though, I would agree that something that size should be treated more as a commercial property any way and the sprinkler system makes sense to me.

Ok, this makes so much more sense to me.

Happy to look at things both ways on a DSCR loan(s) to see if it makes sense. 

Having (3) Helocs makes very little sense when the best way to use cash is to pull it our through a refinance. 

Comes down analyzing what makes more sense for a given house i suppose. 

That makes sense!

It makes a huge difference if you can solve that problem for them.If you get the sense that there's someone who will NOT leave and make life hell, then it may be worth getting out of the deal (I don't know the specifics).Good luck!