I have a few rentals with section 8, and they are professionally managed.

If you are investing out of state, then do you already have a good property manager lined up? 

However, there's a critical detail that many tax advisors conveniently overlook when promoting these studies.Here's the uncomfortable truth: If you're a high-income earner (AGI > $150,000) and not actively managing your properties, those promised tax savings might be locked away for years.

I manage hundreds of rentals and most of them are caulked every 5 - 10 years.

What percentage of gross revenue does an owner typically keep if they do employ a property manager?

Feel confident turning over management.

BAM and Praxis have definitely managed the situation better at this point in time. 

I have hot tubs in the majority of my STR that I manage and always request my clients to get them.

Consider starting with house hacking to reduce housing costs while learning property management, or explore mid-term and short-term rentals for steady or higher income.

The #1 reason that Landlords fail, according to the American Apartment Owners' Association, is the landlord's failure to manage to the lease.