We have chosen distressed properties because of our past experiences and are comfortable examining properties that need help.

I take them at there word because I MUST, I don't feel I have the comfort of playing ostrich and just hoping all comes out better. 

So you need to get comfortable with putting a property under contract before you see it.

When they see multiple new construction projects around the area they are more comfortable making their decision to rent your unit. 

I feel very comfortable with the team.

Once you’re comfortable and have a solid team, you can start exploring value-add opportunities.

It just really depends on whether you're looking to invest in single or multifamily properties, how much you're looking to spend, and what type of neighborhoods you feel comfortable investing in. 

They were comfortable with a lower return because McDonald's is a behemoth with a large real estate department who very rarely closes a location once it's opened.

If I were in your shoes, I would be conservative as possible and go for the worst case scenario.

Sam, It really depends on your goals and what you're comfortable with.