As we get older, many of us have a lower tolerance for dealing with other people's problems.

Different people have different skills, amounts of capital, amounts of time, opportunity costs of their time, tolerance for risk, etc  That drives what type of investing makes sense for them.For instance, I have no interest in the lower end SFH.  

I'll add that if the developer is using Hard Money, his tolerance for risk is probably pretty high as HM lenders usually take a substantial part of the profits in fees and high % rates.

If you can lose your option, then this is a question of risk-tolerance.  

She might prefer you simply inspect the property and let the tenant know late payments will not be tolerated any more, hope the tenant starts paying on time and start building up a fund to prepare for a turnover as late paying tenants usually get worse, not better.       

my business plan for starting off is mailing expired MLS multifamily listings with value add oppurtunities, ideally for buy and hold, but may wholesale some deals to keep reserves at a tolerable level, I would enjoy 25% of rent income and reinvest the rest.

Also consider what are the negatives if you accept things outside of your criteria and how can you tolerate them.

Thinking rock garden, water tolerant flowers and shrubs.

if it does, how much does your city or local water department pay (per sq ft, or flat rate) upon completion of live turf replacement with drought-tolerant alternatives?

Now, I did have a buyer and they might have been interested in it but sometimes I think little "white lies" are tolerable.