I’d also recommend increasing your security deposit if the market allows and warrants it.

My preference is to not let it get so low that a big increase is ever warranted. 

You do want to make sure they provide a good ROI for you to warrant such a nice gift!

You can consider condos if you want to be closer in, just make sure you have a condo-specific lender as many are non-warrantable which requires special financing.

The, shall we call "nuisance property" with their fence on my property line, has been bought sold a couple of times before the most recent 2020 sale (Quitclaim in April 2008, Warrant Deed in August 2008, Warrant deed in 2016, quitclaim in lieu of foreclosure Nov. 2019, the the current Warranty deed in March 2020).I believe all that would imply that the current owner did not install the fence and perhaps did not know.

To some sellers, this alone warrants a discount.Here is my recent off market purchase https://www.redfin.com/CA/Esco...  

Again, this warrants consulting professionals.

Cloud to name a few) Cash flow will still be tough, but you will get appreciation and peace of mind with all mechanicals etc are new and warranted.

There is also a landlord obligation called a "warrant of habitability".

I refer a lot of people to this guy for DSCR and other loans for investing:Ron Vega - Has 50+ different investors, including 2 who can do non-warrantable condos.