With scenario 1, my concern is the opportunity costs that would come with purchasing a 300k home.

Is your first concern that the doors are large and formal, and that the rooms have large windows?

My concern is how they are producing bread on the table, today, not some future retirement strategy. 

The only concern I would have would be the holding cost of the HML.

If you are investing, crime shouldn't concern you.

When mailing to non owner occupied property owner, do you mail to the address on the county tax site?

They can also see details on the properties such as address, statistics, data on the loan, pictures etc.When we have new offerings they can see those too and invest at the click of the mouse and electronically sign their subscription documents.

My main concern is the fact that the railroad is in very close proximity.

I used to read the Gartman letter every morning which was concerned with commodities.

We realized our business wasn't an easy one to sell for a huge profit, so a comfortable and friendly transition away from it over time, passing off leads to other competitors trying to build their businesses while hanging on to the loyal regulars, was a great win-win to get the income we need during 'transition' and not be concerned with a slipping gross revenue like we would be preparing the business for sale.