With all rooms rented, I’ll pocket $950 per month in excess or $300+ per room!

Commodities are associated limited profit because of excess competition.

FYI, over the years, we've also learned to save a lot of money wasted on excessive management labor costs (we call them "stupid trips") by planning the occasional weekend to drive down, inspect our units and address any labor-cost intensive items that we can do over a 3-day weekend. 

My wife and I have 3 properties (duplex, single family, and a vacation condo) and with some excess funds Dec 2017 decided to invest in one of Clayton's turnkey homes in Indy.

Insurance may pay for covered losses, but it is always possible to have losses in excess of the policy limits (or losses the policy doesn’t cover at all).  

Your jurisdiction could have an even more stringent rent control.I am unsure that your smaller remodel would qualify as substantial enough to qualify for a no-fault eviction.I agree with @Jay Hinrichs that the $1M remodel for four units seems excessive. 

Bump our price for Class B and then again for Class C to cover the extra time to deal with the headaches.The renewal fee does seem a bit excessive.

. $1200 does seem excessive, however, they are about 6 weeks out and are as busy as they want to be here without having to drive down to Gardiner...I've been watching the Gardiner market a bit over the last couple years and prices have really taken off there as well.

The drawback you have to fit "in the box"; 20% down +, excessive reserves requirement, specific restrictions on tradelines, assets guidelines, DTI under 43%, owner occupancy etc.. if you are open to ARMs you will have a bit more options..Also need to consider the type of property - if condo/condotel banks might not finance at all.. there are many factors to consider we do have some good outlets for jumbo, would be happy to review your scenario and give you a quote.

After that goal has been met, I will place my excess funds in a retirement account that will invest in several RE funds.