To confirm my recommendation ask him for references at his current developments, I bet he won’t give you names and will make up an excuse!

They grow both physically and with inflation.  

I bet people will not be getting paid their dividends very soon.

In my opinion, that is a riskier bet because you have to have a big pile of cash for contingencies.  

The owner needs to know you are solid, a good bet.

We finally closed our physical office in 2024.

However again if your bound and determined to buy the physical assset then you need to buy quality not C class.. you will NOT get consistent cash flow like you are thinking your will. you will have tenants stop paying you will then get NO rent for 2 to 6 months as you evict and then spend thousands rehabbing the house they just trashed..

The debt may not report to your personal credit (unless you are late on or miss payments, then all bets are off)2.

Your best bet since your working on your capital are going to be to use low money down hard-money lender.

Sounds like their combined income likely beats your other tenants.Your gut is probably your best bet and you need to go with it.