Some may disagree that investors should be contingency free, but having a thorough inspection will at least give you peace of mind that the property is in good working order.Good luck!

In my experience, tenants who are paying $300 in rent tend to react more negatively to these things and I've had issues with getting them to leave peacefully, but very broad strokes. 

Peace of mind will comes from dealing with right deal and right people and right area, and not from high CoC returns. 20% CoC is not worth the headache it brings if deal or tenant or area turns out to be bad. 

Although your reviews won't convey, the buyer can have some peace of mind that with future revenue that the first couple of months mortgage are covered while they make adjustments, build up some reviews and work out any nuances they need to.

Paying a bit more for a property manager isn't so bad when you consider something as priceless as peace of mind.

Peace

You can't predict the future, but having a support system can help give you peace of mind if any hiccups occur.

That will give me peace of mind, especially since I am self-managing with a demanding primary career that is not in RE.

Regarding preference of red vs blue, for many, it's not about profit and more about values and/or peace of mind (i.e., housing a squatter is infuriating).

Peace of Mind.I'm rather risk-averse myself.