If the appliances and furniture were good enough for someone well off to live with in their own home, they are good enough for me.

If it is a good enough deal you can always choose to take title with the ground rent remaining. 

Minimum wage doesn't pay well enough to move out somewhere, and unfortunately, no places near me were hiring, let alone hiring with a wage good enough to save up and move with.

That 25% pay bump from moving to the Bay Area might get them to the $1.125m price point (it's not really linear like that, but good enough for our purposes), but it's a coin toss if they will accept $1.125m as their buying power, or rent a really nice house from a landlord that doesn't calculate DTI ("gross income > 3x rent" gets you a LOT farther than DTI would get you, if you have a zillion dollars in student loan debt).That's a broad brush and there are a lot of doctors NOT described by that, to be certain.

Because if the Tenant is good enough that I renew their lease for another five years, the odds of them causing that much damage is pretty slim.Have you looked at your market?

People that don't know how to handle lead might think that a coating of paint over the lead is good enough.

Obviously can be an issue during vacancies but hopefully you buy in good enough areas where they are 5% or under. 

I feel that this is not a good enough buffer against issues that could eat up positive cash flow.

Looks like you're getting it at a good enough price where there should be some great profit in there, even for an assignment.

You can purchase for 50K in Sac and rent out for $800/mo not fantastic but good enough when you have a few.