My primary concern is that with me being out of state I do not know first hand what is going on with my rentals and my PM has lots of "small invoices " that are adding up!

So this is getting long, thank you to anyone who made it this far and I appreciate all opinions, comments and concerns in advance.

Perhaps the L/O idea is a good choice regardless.I'll try to nail my lender down tomorrow, and give the seller a call [she gave my agent her number and I've actually already spoken to her once about some questions I had regarding the Oil Furnace.My only concern regarding the lease was if i have a contract that states a move in date, although the boys will be fine with "whatever"- will their parents?  

Great advice concerning the legalities.

I know I did not go through this with my electric company and they manage to autodraft.....Right now I let them online billpay it into my account (which is no different than cash deposit, as far as I am concerned since they control the amount), pay through Quickbooks (still an ECH I think, and they still have to initiate it is not automatic) or cash deposit.  

The feds are more concerned with their public image and advancing their careers then public welfare.

I have only received the written notice from the City, but that only concerns repairs.  

Originally posted by @Ben Staples:@J Beard thank you so much for your concern.  

Buying another property in Tucson is definitely an option, but I am concerned with low rental rates and returns here in a city full of less than desirable areas...  

That is one of my big concerns.