I will look into my AGI and see where I land in that category, as for what I see right now that will be the determining factor.

I worked as a mortgage broker for years, but I was hoping there is a more efficient way other than waiting 30 plus days and jumping through the hoops.

For example, if a major corporation is opening a factory within the next year, that will create 1,000 jobs over a 3 year period, is that a good incentive to potentially invest in that city?

You get efficiencies of scale and can build faster.Initially, you may not make more cash flow from 4 leveraged properties than you do from one free-and-clear property, but your getting 4X the appreciation and depreciation.

And, its a lot more efficient.

If it is just an area with expected higher cash flow due to nature of tenants and lower quality area then no I won't touch it.The other factor is how much time this might take away for that expected 6,000 gross cash flow versus your other business practices.  

Without all three knowledge bases, working together as equal parts of a whole, you can reach success quickly and efficiently. 

There is some specific wording I'm seeing as follows: "on the unpaid principal at the rate of 5.4% per annum; principal and interest payable in installments of $2643.04 or more on the SAME day of each calendar month" Trying to read through the rest of the note is confusing, and I'm not quite sure I'm understanding it in its fulness but another factor is if the buyer defaults and can't make any more payments, my in-laws will reclaim the business (this is in the note).

Of course, the bright side of this ratio is the (perhaps illegitimate) assumption that they must have efficient systems in place to deal with that number of properties.Option 2 is a fellow BP member (I won’t call him out but he was nice enough to offer using his name) who self manages properties in the area.

Very efficient Reno.