They make it pretty easy to self manage once things get rolling.

@Tessa Mac You can certainly rollover your old 403b plan into a self-directed account. 

An additional goal with the LLC is to hopefully write off some time and miles I put in on these properties as I self manage and repair.

However, one concern with newbies is attempting to self-manage in high crime areas.

-Buy self sticking envelopesDoing them ourselves save us about $.20 per letter.

Federally (HUD), you are exempt if you have & self-manage three single-family homes or less, or a multifamily home of four units or less that you occupy one unit of.

I have had people express interest but they want to know the exact address not just a nearby landmark etc.  

Does that mean you're doing fully self serve showings?

I have used the BRRRR strategy over 50 times my self in Memphis, TN.

These self employed 2nd mtg's are typically based on alternative method of caluclation like profit and loss statements if you're self employed or the last 12 months of bank statement deposits using a formula to derive an income from these deposits (like 50% of all annual rolling 12 calendar month deposits X 50% /12 months = monthly income).