Is it safe to say we are in sale Phase 2?

For example I have two houses right now that are high equity where a second would be safe compared to the equity position.

Maybe not..It's about a miles drive from the school.

So first, just to clarify, the rental that is in the crime infested area, its safe to say you guys have signed papers and you guys are the owners of this property.

Also, it would probably be safe to bring the rents up a bit. 

I got to jump into investing and they're earning solid, safe fixed returns that they couldn't get in a savings account or treasuries.

While the level of finish varies by the clientele, what goes on in the wall and floor assemblies  (the important stuff) to provide a safe, healthy and sustainable home is the same. 

I would like to Landlord and PM the property so am looking to buy somewhere within a 90 minute drive from the city.I want to spend $300k - $350k for my first investment so was considering Pierce County, Federal Way or Everett areas and even Bremerton (although don't love the issues involved investing in military towns).

I'm saving that money and walking to school instead of driving. 

The AirBnB revenue ranges from $800 to $1200 per room, but I would rather be conservative and play it safe.