This way you can easily refinance in a short time frame after closing and capture the equity you are obtaining from getting a property at such a quality price. 

I spoke with a mortgage "quality auditor" recently who said he knocked on 600 doors last month.

For example, should we focus on acquiring one high-quality property in a strong market, or would it make more sense to spread the investment across multiple lower-cost units in emerging areas?

Most of the time, the home warranty takes a long time to approve your repair, reach the property, and then they use low-quality materials.

Although it may look good on paper, the tenant quality might not be great.

They have lost many employees and the level of service and quality has been dismal.

If you think you can find a higher quality tenant, then that is a different conversation entirely. 

I also admire your commitment to spending quality time with your family.

In answering the where to live question, things about the quality of life things that are important to you and work backwards from there.

I would say only 1/2 would make it thru their quality check for size and color.