Minimal cash on hand (around 50k)4.

In speaking with multiple office tenants over the last few months, I've learned that most are very anxious to get back to the office due to constant family interruptions at home and for that reason, don't see working from home as a viable long term solution.  

A minimal amount of company’s have folded.

Just add a ground fault interrupter or the Siemens CAFCI at the panel. .

From the my research (which is minimal) I am focusing on the Midwest, for now.

I suppose the benefit of doing it this way that I get almost my full rent, with no vacancy gaps, minimal repair bills, and I don't have to worry about turnover...

@Gene J Jakominich Jr, it seems to me starting with a good estate plan and structure will minimize tax and delay in the transition of the properties you say you will inherit. 

Here is a link to the listing but it might be a great opportunity to acquire with minimal down payment and long term upside(apartment conversion of 1st floor).

It wouldn't cashflow while we are living there but it would substantially minimize our housing expense which is our primary goal as we get started.

The cost is relatively minimal over the course of the year and to obtain one isn't that hard.