If the market goes down badly  or you have some major emergency and you are pretty much in your worse case scenario... would you rather have a paid for house or a paid for rental? 

It will cost you more in the long run if an emergency comes up and you have nothing in place. 

When items break all of a sudden (emergency)2.

This detail is due to the fact that the singular electrical panel is located inside the basement unit of the Quadplex and all tenants must have access to the panel in emergency situations.The options given to me by the inspectors were:Option 1: Make the basement a general area, giving each tenant accessCons: Loss revenue: $6500-7500 per year leading to the property negatively cash flowing.Pros: My issue of creatively placing a communal laundry area would be remedied, saving me a one time project cost of about $5,000- 15,000. 

As an E-6, your purchasing power will only increase with time allowing you to continue with REI while providing you the means to maintain an Emergency Fund for the properties you have already acquired.  20 years, 7 properties, and you will be retired comfortably at age 38.

@Justin Fox Line of credit would help grant me peace of mind and take over as an emergency fund. 

I like to keep an emergency fund, and could dip into that with a quick reimbursement if need be.What I have been finding in my local area is that homes that are for sale do not support an immediate cash flow at the price points.

Recently, I was searching around for emerging markets to purchasing rental property and ran across this website for purposes of looking at cost of living by city: https://www.bestplaces.net/Not sure how the data accuracy compares with others, but it's gotta be better than 2010 Census data.

Fees they would charge- 8% on monthly rent collected....if a late fee they keep the late fee- $400 for placing a new tenant with 6 month guarantee in case tenant breaks lease within first 6 months- From their contract: "In-house maintenance staff is provided to you at double the hourly wage with all materials billed at cost and no trip charge; this includes maintenance at cost, company vehicles and vehicle maintenance, vehicle insurance and gas, tools, worker’s comp, GPS tracking, 24- hour maintenance call center, around the clock in-house emergency services"Please let me know thoughts and advice on the above.

Yet I feel as though If I could find the appreciable gains before a market emerges, that would take my real estate investing which It is my passion to the next level.