As a high income earner, there are alternate routes that garnish high returns than LTRs, are more passive (nothing is truly passive) than both LTRs and STRs, AND expose you too much less liability.

Most of the lots have or had septic and were/are on propane and electric is currently unsure; since events occurred and now electric that once used to go to all lots, now the lot(s)/homes will probably be powerless (maybe) for the next 3 months minimum or more(?)

But here's you, with the part on backorder, the tenant frying up a mess of pancakes on a propane camping burner in the living room and barbecuing chicken nuggets on skewers over a makeshift charcoal grill in the bathroom sink (with the vent fan on, of course).So get that range changed tomorrow with a new or used range without a glass top.

Regardless of the condition, you will get the highest possible price by exposing it to the greatest number of buyers.

Though the units may have had proper heating, the pipes leading up to the units may be exposed to the cold.One particular property we had was vacant which made it all the more miserable since no one was in the property to heat it.

Wood catches fire instantly when it's exposed to 700F heat, which it would almost inevitably be when you opened your oven.

I'm wondering how this subject to --> lease option business has not been exposed for what it is - a minefield rigged against those who are bad at risk management.

It exposes you to a wide variety of different types of investing, ideas, and tactics. 

The only major downside is that by being licensed, you are now subject to the rules and regulations of your state's licensing board, so this exposes you to more scrutiny and you have to abide by their rules.

By going to the meetings you will be exposed to many different types of real estate situations.