This wasn't an accident, he sounds desperate, and doesn't sound like he will be any benefit to the public.

Over the weekend one tenant got into a car accident and said he wont have rent on the first due to the car payment issues.

I guess it goes without saying that I did not find BP on accident.

Both options 1 and 2 sound horrific. 7-8 points is highway robbery. 

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.

The risk exposure of owning SFDs or small multi family is really pretty low, it's the horrific cases that are used to scare you into buying your attorney's home. :)  

I have been able to re-establish my credit since that horrific moment.

No question what happened to George Floyd in Minneapolis was horrific.

They look great (the technology has advance so much that people think they are real hardwood), they are very resilient, they are easy to install and maintain, they are waterproof (I had laminate in one rental and so had to change the entire flooring as it got ruin after a smal water accident; on the other hand, I install LVP in kitchens and bathrooms and never had an issue), etc. 

There is also Craigslist, with the understanding that they may not match and as used, they may not last as long.Oh, and I don't know if you have a choice, but people are also saying to go with electric over gas stoves as there are more chances of accidents and some renters just don't know how to use gas.Good luck!