Have you done stress tests (worse case, best case, average case scenarios) on rent decreases, sudden expenses, increased vacancy rates, sudden and large rises in interest rates, property taxes, insurance on your existing properties and potential deals? 

I buy out of state so I've always built pro-formats and at least attempted to stress test my assumptions before flying out.

I'm thinking about hiring a construction foreman that has his own small construction business and is tired of dealing with all the stresses of running it.

It is ideal to have your plans ahead of time before searching for property that fits into that plan, that way it takes away your stress and simplify your investment decisions. 

I can’t stress this enough.- Keep detailed records of the monthly occupancy and collections from the moment you purchased the property.

Very stressful, a lot harder than the gurus said it would be, very stressful.

I like the idea of having paid for properties with no debt to stress over.  

IMO a 3/2 will go much quicker and have lower vacancy rates than 3/1, but rent wise it's very similar  so not worth it from an investing point of view, but maybe if you're self managing and value the lower stress it might be worth it.  

you got to put your dues in.. flipping houses is not going to give you more time, if your rehabbing u will have less time more risk and stress

I cannot stress enough to move on from this tenant .