I believe that it is a more "forgiving" asset type and this size is perfect for where I was at financially and comfort wise.

Would buying in a more affordable area cause you to spend a lot more time in traffic on your daily commute? 

Although many prospects who approach my firm already have made an S election for their new business, in general, I advise current clients who start a new or side business to start it as a disregarded entity (if single owner) or partnership (if multi-owner) to keep things streamlined until we have the data points to make a more informed decision regarding a S or C election. 

Looking to update these colors for a more modern look.

Over time as you begin to gain rare and valuable skills (Career Capital) you can start to deploy these skills to pursue a more specific path for you, and to gain some more freedom and control in your life.

I'm sure that as time goes on and I track them a more frequently, Ill start to see the trend.

If people are so tight from a couple weeks/months of missed rent than they might be over-leveraged or need to reduce their spending a bit to take a more conservative stance.

In the absence of a more sophisticated system, take a look at LandlordLocks.com or solutions like Kwikset Smartkey that even your basic hired-gun handyman can quickly rekey on your behalf after turnover (since you'll need someone onsite anyway to handle basic turnover tasks like painting, repairs, etc). 

Is the deal good enough that you'll be able to refinance to a more favorable rate later?

.- Noise:  M and her kids routinely come in and out of the house at 1 am or later (any day of the week) and slam the front door.