This is the best answer, and is the basic spirit of what business people have to consider for all of their subcontracting decisions.

So unlike markets like 30A and the like where prices have remained rather steady despite the returns being extremely poor at current home prices, I think we've probably already hit the bottom (or at least near it) on home values.

I recovered and hired a PM who specializes in S8  What led you to this decision and would you be open to connecting?

Set for Life by @Scott Trench is a good primer, along with Rich Dad Poor Dad so you can different views on what it's like to start.

Those will cut into your cash flow and if poorly managed, those properties can cost you a lot more in the long run.Start whenever you want. 

Sounds like you've had poor expectations on how the process works, poor communication from your lender, and maybe there is more to your file that you are letting us know. 

Here is a partial copy of rental board decision.

You are their landlord.Make all of your decisions based on solid market driven metrics.   

This turned out to be a great decision for us and our investors, because a few months after the buyout was complete we sold the property for a massive gain, and our investors received profits that would otherwise have been allocated to the institutional LP had they still been in the deal.For these reasons but not only these reasons we choose to raise capital from our base of HNW investors. 

The sponsor is the one driving the ship, the one making decisions, the one who has to communicate, the one who is the bearer of good and bad news!