Even thought T2D is talked about as a "chronic progressive" disease (in other words, it's going to get worse and there's nothing you an do about it), an astonishing number of Type 2 Diabetics have reversed their Diabetes to the point they are no longer considered diabetic simply by changing what they eat.

Then start identifying your strengths and weaknesses. 

That being said, there are several pieces to consider when looking at new properties:PITIManagement Fee: 10% of gross, typicallyLeasing Fees: up to 8.333% typicallyLawn care/snow removalAny utilities owner is responsible forVacancy Reserve: 5% equates to each unit being vacant for 1 month every other yearWear and tear/turn over expensesCapital Reserves: This is chronically see underestimated. 

It depends on whether you have more time or money to spare, your own strengths and weaknesses, and the real estate market where you are.For example, for those starting out in their twenties, house hacking is fabulous.

When looking for a policy, you should also make sure it has chronic, critical, and terminal illness riders (often called living benefits) many companies offer them at no additional cost.

Potential weak link.

Such a small building (with assuming weak tenants and leases, do you have PGs?)

You paint yourself as pliable and weak if you  offered a discount, just because they MIGHT have had an issue.The CDC declaration is something a resident gives to a judge during eviction proceedings and is not a substitute for paying rent. 

I live in California and it seems too rich and weak cash flows from my perspective so looking to break into out-of-state.I have long-term aspirations to own these rental properties so seeking strong cap rates, cash flows and minimal appreciation.

Location ( urban core, strong suburban, weak suburban, rural), tenant type (mom and pop, regional, national), Credit (private non-rated, rated, investment grade), WHO is backing the lease ( parent corporate investment grade, subsidiary of corporate, large franchisee, small franchisee, independent mom and pop non-branded), area of the country (warm belt state, cold belt state), demographics ( median income average, population level in a 1,3,5 mile radius, daily traffic counts by the site), area surroundings ( example of junior anchors and large anchors to feed cross traffic daily to your site such as Starbucks, Chick Fil A, and large anchors like Wal-mart, Target, Costco, Sam's Club, Lowe's, etc.).