I was wondering if there were risk mitigation strategies I could employ.

The company's legal counsel has said a guarantor is not needed, citing the company's annual revenue and an employee, effectively, being unwilling to cut a check on behalf of their employer if it came to that.

Why would you care if your tenant is self employed, or worked for someone else and thus had a different work address?

When you start to get to $700/mo you might see more people with less stable employment and part time employment since that’s $2100/mo in income.

Active management, however, can be seen as employment, which you might not be permitted to do.Forming an LLC: Forming an LLC itself is not typically considered employment.

https://investor.vanguard.com/investment-products/cash-inves...Since you can put away $130 per week, I'll assume you're employed. 

I'm curious if anyone in the Los Angeles area has employed this strategy? 

If you're self employed, you could add it to a self directed IRA.~ Lindsey

From my research, seems like healthcare is one of the largest employers in San Antonio.

Quickly becoming more expensive than national housing average, the areas closest to major employers and the airport are in the 600-700s easily now.