We are planning to manage ourselves, although we would like a second property by year's end and look to transition to a pm. 

My name is Brandon Corrales and I'm an Air Force veteran transitioning into the Air National Guard (doing the part-time gig while I figure out what I want to do when I grow up).

Be pre-approved prior of course so you know you can qualify and have a easy transition. 

I am still trying to get my first transaction/client, and ultimately my goal is build leverage from my initial deals to generate more leads and more business to make a full transition into running my own RE practice.

Denver is a reasonably safe city compared to many and our public transit is finally catching up, albeit slowly.

Good luck to you on your transition into the world of Real Estate investing.

i am wanting this income to be taxed passively, so i can avoid self employment tax. when cash flow starts coming in is when i will transition into full time real estate investing. i.e. flipping, buying raw land and developing, etc. doing most of the work myself having been in the construction trade for the last 20 years. would that put me as a real estate professional?

I'm currently employed as a full-time engineer but eventually I'd like to transition into a full-time real estate investor.

I'm a 23 year old working with my dad and hopefully turning this into a full time job (in engineering now but would love to transition to real estate full time). 

And if the properties have been put into an estate planning vehicle of sorts and transitioned from active to passive then it doesn't matter whether your heirs are astute real estate investors or not.