Potential Rent = $840Estimated expenses = Property management 10%, Vacancy 10%, Repairs/Maintenance 10%, Cap X 10%$840-(property management)-(vacancy)-(repairs)-(capx)$840-$84*4=$504 (total revenue)Cash flow = total revenue - rent = $504-$540 = ($36), looks like you would be loosing money every month. 

Anything excessive could backfire on you and it's what causes tenants to fight you in court rather than move on. 

I say "retire" loosely as I wouldn't quit my job completely but work mostly per diem as I do love what I do, just would like more freedom to travel on my own schedule.   

I understand this amount isn't excessive, but I feel like I need to take action so that I can understand the process better when this occurs again.I provided the tenant with a move-out letter and inspection report on August 2.

I have high income and generate $150k in excess earnings per year which I used over the last few years to build my investment portfolio.

Use your excess funds to buy more property. 

That's how prevalent yanking out the slides was.By the end of the second semester of that year the slides had become so loose that you didn't need the hammer anymore.

I do not currently have a lot of excess cash to make downpayments on a home and am looking for alternatives to start investing more in to real estate. 

If it changes option 2 seems to be more beneficialIf i go for option 1, i will loose the 2.875 interest rate for the entire loan, as well as i will loose that rate for the sixth year too.

At this phase of my life, moving the money into a DST that makes 6.5% cash flow per year, or in excess of $3500/month with no HOA or taxes to pay makes more sense for me right now.