(Again, I'm keeping things simple at this point and not including closing costs and REA fees...)We are just starting to get our feet wet on this project so we are trying to plan out the best way to attack this scenario, so I will list out my questions and I'd really appreciate some insight...

Find a market you're interested in such as Kansas as you mentioned and then attack it when you're ready.

Adam Crocker dude you are in an awesome place to attack a job that's commission based with a high upside.You have low expenses and your basic needs are met.

Exeter attacks a strategy that threatens his gravy train.

Though I about had a heart attack when I saw a 3-plex hit the market in Brighton at $2.5M a few days ago.Maybe you're right about Boston after all...

I don’t have time for wild analogies or personal attacks.

My initial plan of attack is this.- Send notice of the interaction and outline the concern specifically around the threat of property discussion to memorialize the incident.- Inform the tenant that due to the threat of property destruction weekly inspections will be held to determine tenants performance under the lease.  

If you do nothing and this guy attacks the neighboring tenant, you will find yourself in major legal trouble.

As soon as I feel depressed, upset or down, I immediately try to get out some paper and write down a list of things bothering or stopping me in life and I attack them immediately.

I'm guessing if you look at the actual NOI from the property over the last 12 months you'd probably have a heart attack. :-)