Your future self will thank you when the HVAC doesn’t quit in the middle of summer!

Find a STR that cash flows (yes there are plenty as long as you are not looking in Orlando), purchase and self manage for the first year, find a CPA that specializes in the cost seg, and then you can find a PM or continue self managing.  

That will completely break my self-sufficiency test. 

I would appreciate having people share what they know of self-closing in Mississippi, either through their own experience or that of acquaintances. 

Self-management is a good thing, as long as you have the skill set and knowledge to do it properly.

For working people you often come across self employed 1099 contractors.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

There are numerous property types such as self storage, Mobil home parks, office, industrial, commercial residential, non commercial residential, etc.

We mainly do developments of Self Storage locations.  

I will add that investing in a real estate syndication where you have Unrelated Business Income Tax (UBIT), if you are going to use a self-directed IRA, you might be better off using a Roth IRA, instead of Traditional IRA, due to the tax-free compounding growth of Roth.