After all, if they can't fill out electronic application and set up electronic payments what type of job prospects would they have in case of a layoff?

It is very hard for anyone on here to give a definitive answer to your question when we don't know where the properties are, what the quality of the tenants is, how much deferred maintenance do both prospects have?

However when I tell my prospective tenants that the ductless mini split in their unit is only going to cost them $50 per month, in the winter, it's a big selling point.

With your budget, some of the neighborhoods with the best appreciation prospects right now include Natomas (proximity to downtown but more affordable, relatively limited supply still since there was a building moratorium which only recently expired) and Elk Grove (proximate and commutable to the Bay Area).  

Can always email a bit back and forth or set up a call if you're suspect of a prospective tenant.

Right now I have 2 prospective properties where the seller would be willing to finance

Certainly do not let the need to seal the well deter you from the deal.I hope that helps!

Do not cut corners on anything to make something look better on paper to justify your prospective purchasers.I have been in the construction business since I was 17 including those college years.  

I am developing a service to help people sell their properties without engaging a listing agent. As I part of formulating my marketing strategy, I want to understand how people perceive FSBO.  I would appreciate BP me...

I bought it and spent 30 days fixing it up in 3 weeks I had 3 prospective tenants.