Living in the area of my rentals, self managing, being onsite frequently, able to do repairs cheaply by doing them myself or having employees do them, owning in a relatively landlord friendly area, etc.

If the pwnership frequently changes perhaps the property doesnot live up to expectations so the owner dumps it to some other sucker, I mean owner. 

m a fan of leaving loans in the company's name for the most part. 

@Michael SlockersThanks for your post.....I too am a fan of Dave Ramsey’s and have done some stupids things like purchasing homes I should not have.

The midwest is good, but I am mainly a fan of Ohio markets like Cleveland.

Not a fan of when people post a wall of text looking for advice.

The other 4 (2 beds) would be through a guest room having an additional bed (maybe bunk) and I am a fan of a pullout sofa or trundle in the master if space allows.

Like in a high-stakes bank robbery film, only this time you're negotiating the exciting and frequently unpredictable world of real estate financing rather than robbing a bank.

That sounds awesome - and I am a big fan of Tahoe. 

I am also a fan of leverage, but not over leverage and I presented loan option other than heloc for long term debt (due to variable heloc rates).