Some of the questions I'm asking are as follows:- Age of roof and HVAC - Any major maintenance issues/fixes done recently

The tenant-buyer has time to fix their credit and save more money for a down payment during the option period, then exercises their option - fulfilling their desire for home ownership.

"Fixed rate debt or floating rate, what is your preference?"

Your replacement property needs to be equal to or greater than the aggregate amount of your net sales.

But as to best use of your money - leverage gives you 4 to  5 times the volume of properties that you control with the same amount of money invested.  

Risk is fixed costs when transaction volume is low, you have to manage your cash flow.How many deals are your friends doing?

When you convert an asset to Roth you have to get a third party valuation and often they come in at a major discount..25-60% so your taxable amount is way lower than the actual conversion.  4. 

Their hopes are that the market will go up 70 K in the amount of time they allotted themselves. 

Cash flow is the amount left over that you deposit into your real estate-only account. 

You are off to a great start so far @Jed Butikofer.Welcome to the community and be ready for a huge amount of information at your finger tips.