Secure income from a thriving business as well.

Well then could we have a example of defeasance, maybe such as a Bob and Ted story?

Account Closed a PMC has two options to get liability insurance (tenant slip & fall) protection:1) Get added to owner's policy as Additionally Insured (NOT named insured).2) Setup a master commercial policy and add every property they manage to it and then charge those owners the cost of the policy.Otherwise, a PMC CANNOT get liability coverage on a property they have no ownership interest in.So, nothing wrong with their request.

Are you thinking about managing versus a property manager or are you also thinking of selling as well?

Happy to assist you and your wife in any way that I can with your funding needs as well as advice/input on your projects. 

However, the MLS in San Diego as well as the appraisers I've worked with do.You'll definitely want to check to see how the topic is addressed in the particular locale the property is in. 

I’m a realtor in Indiana and have an investor client doing really well with Section 8 rentals.

And make sure to plan for the additional depreciation as well!

There is an interest in medium term rentals for travel nurses as well.  

Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well.