The best area to invest is a place where someone like you, with some money and options, would actually want to live. 

Delaware Statutory Trusts (DSTs) and 1031 Exchanges are two commonly discussed options in this realm.

d) set mouse traps and check them often (not a set it and forget it option and dead animals can stink, hard to check traps in a crawlspace regularly no?)

Before I get too far down the road with this, I'd appreciate any feedback on possible issues with Option 2 or alternative solutions.

heres my story been on workers comp for the last year and a half due to spinal fusion surgery. I sustained back injury on the job. I have two investment properties one in NJ and one in Philadelphia.  I'm not looking t...

I don't think there is a do not mail list option for anyone in reality.

Some lenders do not offer this option for that reason.

Or does the option of selling and getting that capital gains exemption outweigh the liability benefit of the LLC? 

Would building a fourplex from scratch yield favorable returns when evaluated against existing property options?

To get it at short sale, the seller going through the foreclosure would have to be convinced it is the more favorable option pretty soon and choose to sell at a lose than risk the consequences of foreclosure.