It'll help train your mind how to think, and that's an invaluable fundamental life-long skill.And, instead of wasting your spare time outside fo that on the foolish pursuits common amongst immature people and minds, study for and take the RE license test. 

Spend that time doing something that lowers your blood pressure instead. 

Now, of course I would test a 5-10 sqft portion before doing the entire floor. 

The reality is people are nervous about the following - getting taken advantage of on the buyside (the way to limit that is test out different people and find someone you like/trust or go big once and reduce the number of transactions you need to do).

We tested it with 2 tenants who were 2 months behind on rent and struggling to pay the late fees charged after they paid their rent.

Glad I could help @Shawn Long,Sorry, I don’t have any references in that area.In general, just being a CPA means they are experts who have an extensive education and have passed rigorous testing.

That might be true, but I consider it risk premium and freedom that I get to worry less and use my time for other investments and things in life.Similar to a stock investing strategy, I would recommend some percentage of such a defensive strategy be part of every real estate investor's portfolio - my personal experience confirms how this strategy works well without flaws and has been tested for a decade now.

Your tenant tested you, as many do in 1 and 2nd month and you proved yourself to be vulnerable to manipulation.

cashflow a 'self managed' MF will try your level of patience, test your immunity to stress, demand you significantly improve your handyman skills, as well as your tolerance for the inane & ridiculous.

If gutted the hole place Im not sure if a mold remediation or testing necessary and I don't want to waste money.