It's far more nuanced than that and does at the end of the day depend on your finances and risk tolerance. 

I offer the product that’s right for the clients needs and risk tolerance.

Many of them chose to deposit to the bank account, because we have a zero tolerance policy for late rent, but two still mail money orders to the PO box.All new tenants are required to sign up for ACH automatic payment.  

It is common for family structures to change during a lease, it can be sticky as some will allow a "live-in", that is a different issue and is usually not tolerated. :) 

It depends on your investment goals, knowledge, reserves, risk tolerance, and a handful of other factors.It sounds like you want to flip houses.

I wish I had the risk and tolerance level to rehab and flip houses, but I don't.

Then depending on your patience level and risk tolerance you could either keep looking for another conventional mortgage place (20% down) for about 85k - that could get you a duplex or triplex, location depending.If you can't owner occupy (can't move for whatever reason) then I'd shoot straight for a place in the $125k range.

It really depends on your risk tolerance and what you hope to achieve.

@Joe VilleneuveJoe, you're a bigger man than me.I would have tolerated those negative naysayers for about 5 seconds.

It's all about what is your risk tolerance.