On a related note, after leaving the military, my wife and I purchased a home in the Baltimore area.

The general consensus here will be its all relative. 

You have $70k in equity tied up, earning a low return relative to its potential.

If it's related to nonpayment of rent, the changes they appeal is very low. 

If Tenants are relatively newer you really can't inconvenience them with a lot split, but an ADU build is ok. 2.

I like new construction since there isn't any deferred maintenance and the properties should be relatively maintenance free for the first couple years (although it's good to include maintenance/repairs in your pro forma and maintain reserves just in case). 

It appears to be a means to an end and the path of least resistance (somewhat related to number 1).

Being a normal person and giving someone a heads up has not bit me, yet.In addition to what the law requires, I always shoot the tenant a heads up either via text, call, or email.If they are mostly responding to email, then shoot them an email.Emojis and gifs work wonders in today's day in age.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Stefano You need a team, buying a property is the easy part.as a Foreign citizen there is a tax FIRPA that you may have to pay and is 15% of Sale price.Need an accountant, a lawyer and a relator that understands that.