Or simply prospects?

The squatters threatened the landscape  personnel who were simply trimming trees which were objectively hazardous.  

And for these newer companies I have to guess they simply have not encountered or planned on failing projects so its all new to them on where what why and how to deal with it. 

Those folks simply can't be relied upon to relay inquiries, showing requests, etc or to put your best foot forward.  

I'm definitely the "play it safe" type, which is why the buy-and-hold strategy appeals to me, and because this is all new to me I want to "start off slow", but I am open to hearing thoughts on other options I could consider as well.Put simply, if you were in my shoes, what would you do with that capital and now with one property under your name (if buy-and-hold is the most appealing strategy to you)?

I figure that everyone has a cellphone these days and if a guest drops by then they can simply call the tenant when they have arrived to be let in.

Or would it be better to simply partner with them, they are friends of mine, with the repairs for a percentage of the profit?

Assuming a dollar today is worth more than a dollar tomorrow (it's a fact, look up "Time Value Of Money"), the less you pay in tax today, reinvest those tax savings, it's quite simply explosive to building your net worth over time.So now that I've thoroughly trashed buying real estate with your SIDRA, you should know some tactics on how to use your SIDRA to grow your real estate business.

Now we can get to your comment on the last paragraph; I simply asked a question and asked for advice from the community.

Simply having a bankruptcy in the past doesn't mean that the tenant won't pay the rent.