Live there 2 years, then buy another. 

If they can manage them well, then no problem.

I don't want to make concessions/value reductions based on hypothetical work that they could then vote against. 

If he is not paying then file an eviction.

Quote from @Sofia Komrskova: If you live in Cleveland then just invest here.

Then I got a PM from a very well known and respected member telling me how to get it done.

This makes them an attractive option, especially if you expect rates to drop in the coming years or plan to refinance later.And if you remember the housing crash, know that today’s ARMs aren’t like the risky ones back then.

At this time the primary goal is passive income and then scale within 5 years as I gain more experience and network. 

Learn about the seller, their goals, their pain points, etc... then present solutions to their problems. 

Considering the area  I am not sure how this poster's LTRs are going, but I own 2 in the area and have helped multiple investors buy and then lease their LTRs in the Buda/Kyle area as well - all are cash flowing.