@Tyler Mullen thanks for explaining in detail!  

I started several threads years ago, answering most of the questions you listed as well as explaining how I reached retirement in a book that has been referred to in this same thread.If someone has an individual question from your list, please ask me and I will try to answer it.I don't think I've ever answered the question on whether my retirement would be an A, B, C, or D neighborhood.

Could someone please explain the pros and cons.

Let me explain.  

A previous responder had explained that to me.

@Brian Barfoot there's a great book that explains the lease option process very well.

I know we've explained why a comp supplied was used or not used.

explain that the rents in the area have increased, but you would like for the tenant to stay. 

NOT the bottom .. the bottom are trouble long term.. the top are usually the best tenants.let me explain a little and I am stealing this one from Chris Clothier.rents 600.. to qualify you need 3X  that's 1,800 a month.. that leaves 1,200 for the rest of your bills. so they are living week to week on little upset and your not getting your rent.now take 1,200 rent  3X is 3,600  now they have 2,400 to live on for the month.. we all eat the same food pay basically the same in UTLS.. and gas is gas etc etc. who do you think long term will be more stable.

I would like for someone to be able to explain the cost to a new investor distinguishing needs vs preferences