Being an hour away that may limit some of the higher time intensive areas.

You should be given summary info as to coverages and limits, however.  

This includes but is not limited to researching vacancy rates and duration in the vicinity, checking crime rates, verifying rents, performing comps, tax rates, etc, and the list goes on.  

In fact, from my limited observation, procrastination seems to be fairly ubiquitous in our society. 

It's a quick slide into a worse housing nightmare within the city limits!  

With limited capital and time, I feel that taking them all under option would be my best chance of cashing in on them all.

Is it in the Seattle city limits?

He does very well in sales.I have been turned down by banks, met their limit.

The area I prefer to invest in is near a big university, very limited inventory and in high demand for renting (so many investors present). 

But they had a recent bankrupcy , only 1 credit card with a $900. limit and 13 months of credit .