I used a property manager (before I was one) for (1) time & headache savings and (2) the value the property managers provide by economies of scale (marketing, discounts with vendors, etc.).

Partner Driven provided market expertise and handled the logistics for a rapid flip.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

That doesn't seem right about having to chase your money - but would need a lot more info to provide a better opinion. also are you investing in one property and is your name secured or you giving an unsecured loan? 

If you hire someone typically they are the ones providing this information, but if someone is paying you, then yes they need this information for tax purposes.BTW - I would say your SS# has been hacked so many times and is on the black market already this is why we monitor ours through other parties or just lock it down at experian and other agencies if you are concerned about it.

Finding a good PM will cover your concerns on managing the rental from OOS and a good agent should be able to provide you with their network of deals, including on and off market opportunities. 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Some builders risk policies don't provide for live in.

If you like impacting the nation by providing affordable housing you can really put people in houses here.

Investing this amount in passive deals might not provide immediate income, and you could end up waiting years to see returns (similar case in most investments.)