You guys will need to be aggressive with finding new properties to buy since flipping means you need a constant stream of new properties. 

Cash flow is pretty constant.

If you used a loan then intentionally trying to get out a tenant that makes up 3,000 sq ft of the income stream could be a breach of your lender loan covenants without the lenders prior approval.

The long term goal is to replace our active income so we can have the continuous stream of income when retired.

The laws are changing constantly, and they know them.

Balancing empathy and capitalization is a lifelong conquest, something I struggle with constantly!

He has lived here for decades and only seen 4-5 instances of a Brown Recluse and in every case they were brought into the area by someone moving.Yeah, have a house with tenant that complained constantly of spiders (and millipedes).

As a tenant you likely love tenant friendly but when you become the landlord can see it from a totally different perspective.Since you say the location is excellent the long term dirt value over time seems like it might grow in value.The cash flow stream has to do with how many years left are remaining on the primary lease term and if the tenants are national, regional, mom and pop in nature.

That said, two doors in one closing, as well as the security of two income streams, might be worth it to you! 

There's a continuous stream of new potentials so it's a bit different than overpricing a house that's for sale.