@Christoper Coleman - Great, does sound like a good deal. 

Sounds like a muddy picture that would need to be cleared.

In both cases they qualify as replacement properties for 1031 exchanges. 

Sounds like you've got your education plan in place. 

Is it safe, sound secure etc?

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I also have the added bonus of getting lot rent out of it so the return goes through the roof.If you have taken into account all your recurring costs as well as your "escrow" items such as furnace, roof, flooring replacement, YOUR TIME and effort, and you still net $250/month cash flow, that is a pretty good return. 

That sounds like a great opportunity to improve a property and make some money.

Not to mention that the income of 2+ units share the cost of roof replacement, lawn mowing, property taxes, etc. 

Once you leave the corp job, and become self employed, you can roll all of those funds into a solo 401K and own real estate within your 401K.Keep the corp job until you're debt free, and your cash flow more then replaces your salary.