We are looking to get more cashflow in because if we have more kids, we might only rely on one W2 income (and more on the income from the rental houses).

If they are using 506b, they can rely upon a representation from you that you are accredited.  

Hey @Michelle Macias, when it comes to out-of-state investing, you want to build and rely on a team such as your property manager, contractors, and deal finders. 

Relying on others(wholesalers, agents, etc) will have smaller margins, sometimes there's great nuggets.

The primary reason a lot of people move on to bigger deals (80 units plus), is that it's possible to own larger properties in markets that make economic sense but may be far from where you live. 80 Units seems to be the target so you can hire your own full-time property manager and maintenance person, versus relying on local property managers to manage smaller multi-family properties on your behalf.

I suspect the new title examiner has found something in the chain of title or the execution and notarization of your deed that makes them unwilling to rely on it to issue your buyer a policy without exception for the concern(s). 

I've been relegated to rely on private money and owner financing.

I simply rely on Airbnb and VRBO (although the vast majority of my bookings come via Airbnb).I have a great cleaner and I'll have a handyman, plumber, etc. come to the house when needed for those things. 

The cash flow and equity will make you rich in the future and you need other sources of income in those first years so you aren't relying on the cash flow to live off in those early years. 

If I'm not onsite, I really rely on hearing "hey, consider replacing this carpet".