Anybody gives you an argument your large male companion intervenes while you call the police immediately and tell them about your concerns (in the USA, your LMC would be carrying pepper spray and a gun to help settle possible issues like these).Work closely with next of kin and lawyer to figure out when the junk can go.

How long are they willing to carry the loan?

There are natural barriers to entry such as legal risks and minimum cash requirements and has a lot of complexity to buy and selling it (say compared to a computer or candy bar).

Unfortunately, due to Florida laws, substantial risk would be imposed on the seller if I were to do seller financing.

Markets above B class are at a much higher risk for landlords.

Some of your options carry a lot of validity:1. paying off one of the rentals before 1031ing it would let you buy your next asset in cash which takes away leverage risk in retirement.2.

One recorded eviction on their state record and they'll never rent a dwelling again significantly better than a cardboard box.That being said, there's ALWAYS A risk in these cases.

Nothing is guaranteed, there are risks.  

I've had a few discussions about the best way to create a plan in order to "snow ball" your way to owning many REI properties (buy and hold for rent).After Googling around and even reading blogs on this site, I've thought about doing something like the following:Buy my first rental property (SFH) with cash (around $60-70k) where I'd expect about $500 cashflow per monthCurrently I have about $105-110k available (after taking out an emergency fund)Then shortly after, buy my second rental property (SFH) but take out a mortgage and put down around 25% on a $60-70k houseThe cash flow on this property specifically would likely break even (at or near 0) but this would be on a 15 year mortgage and I can use some (or most) of the cash flow from the first to help pay down that mortgage faster, along with my corporate job monthly savings tooI feel I could pay it off anywhere from 5 - 10 years depending on the exact strategy If/When I get the 2nd one, then shortly after that, try and get a 3rd SFH rental property and continue this snow ball effect to build up by rental portfolioObviously this is easier said than done, along with risks and I honestly do not have any real experience with rental properties as this is my first time diving into this type of investing.My main questions would be -- Has anyone done a similar strategy to help build their portfolio quicker?

Your choice will depend on your level of risk tolerance (holding in a cooling market) and willingness to make additional investments in the property.