@Dean Earls Zev broke it down analytically in its most simplistic manner.

Please don’t advise people to act in such a manner, it is a disservice to them and everybody reading it, not to mention the poor seller left with a broken escrow and having to start over again.As to dealing with agents, you are barking up the wrong tree for wholesale deals.

Self management property tools (biggerpockets.com)Of course, as I scale, this won't be sustainable, but I will do this as long as I can to keep reinvesting the capital. 

Not like you can miss that much damage especially if they have properties themselves. 24 hour notice go inside and verify.. also 550 rent is not enough gross income to sustain a SFR you will lose money on this deal over time it will be a slow bleed.

It does not seem like your open to the advice and direction in an open honest manner, just seeking affirmations of what pre-decided to hear.

At least not in a well calculated manner.

I can still buy 3 bedroom homes for $500k there which is appealing as I still see sustained growth.

(Primary home and Keystone property are nice long-term prospects, but we want the next one to be more profitable/self-sustaining in the short term.

One benefit is that FCO provides guidance on best practices to help landlords ensure they collect proper documentation during the rental process, communicate in the correct manner, etc.  

I have really learned (still learning) how to bring up things that I thought would be confrontational to others that aren't, and how to properly communicate with people in a business manner while also living with those people, who are also family/friends.