I have an excellent property management team. 

Credit score is excellent with 0 missed payments.  

Obviously, the best approach is to select tenants that can comfortably withstand a small increase each year so they can't claim this, but circumstances can change. 

Y'all are in an excellent position here.

I think we look out of state quick and don't realize we have excellent opportunities right in our backyard!! 

Excellent job Mike - what neighborhood is this?

Both my full time job and side gig require story telling with large data sets, I have a vast understanding of excel so would be more than happy to help with data analysis and can show you a neat shortcut or two!

I will also have more exposure to potential capital investment requirements than option 1 (two roofs, etc.).In both cases, I will have appropriate cash reserves for the real estate and a personal emergency cash reserve.I am leaning toward selecting option 1 since, if the deal is a good deal, I should be able to make first timer mistakes with the property still cash flowing.

Doctors tend to be very busy people, so are you factoring in your time commitment to your strategy selection?

There are always multiple applicants in the span of the weekend and I am tell them in advance I review all applicants and select the most qualified and there are no refunds.