As Peter and others have stated you need to get a few different opinions are the work needed, costs, etc before making a decision on how best to proceed 

We allow pets so it is no big deal.In the end, it is the animals owner who needs to make the decision.

So more Roth for way less in taxable income incurred. doing this is easiest in a Solo 401k if you qualify but can also be done using a checkbook IRA as well. check out this post that @Dmitriy Fomichenko made explaining this concept.https://www.biggerpockets.com/forums/51/topics/1223601-how-t... 

Quote from @Fernando Corona: @Erik Estrada I actually wrote a blog on the topic and will continue to write about it.

I feel like there’s a balance between being decisive and being reckless, and I’d love to hear how you guys approach this.

I imagine a lot of the reasons will overlap with the previous topic.  

I know we generally talk about redlining in terms of access to mortgages and other financial instruments, but doesn't NAR have some policies around it too and how real estate agents operate around the topic?

ANDAt least 5% ownerYou might want to check out this thread with sample REPS Log / Activity tracker that meets IRS guidelines https://www.biggerpockets.com/forums/51/topics/816680-real-e... 

Neighborhoods to invest in is a more subjective topic as that is often dependent on the type of investment you're interested in, your price point and even the type of tenants, if that's the route your going,  that you are trying to attract.

I have started my research on management companies in the area and will take your suggestions and learn more on this topic!