Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.

My personal preference for a buy and hold would be an already established area (or an area that's still gentrifying, but has already seen significant progress). 

It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.

My wife and I plan to purchase a few properties ourselves, but with the lead generation strategies I’ll be implementing, I expect to come across more deals than we can personally handle.That’s where you come in!

I do have an agent I know personally but she's only in the area at certain times of the year.Section 8 would be better than nothing.

@Jerry Chilimidos I am not a CPA owever my understanding is any loans to your IRA can not be personally guaranteed.

I warn people over and over and over to know what they are buying and to go personally see what they are buying. 

I also have personal W2 income, if that matters.Is there a loan out there for a set-up like this at 15% down? 

For instance, said property manager manages maintenance issues, problems that arise during bookings, basically anything that needs a physical person at the property, while I manage the rest?

Real-life reps, to me, means seeing properties in person, whatever your asset class.