You are free to do whatever you want after. 

I do my own property management to keep my expenses low. 

We used a HELOC on our primary to purchase and begin renovations on a duplex nearby, and just this month closed on a fourplex that has a couple units rented, and a couple that need full demo/flip (which is now in progress).I'm taking some big swings and really having a blast doing it.

It's a good way to get started and learn the ropes without a lot of capital, but you need to make sure youre doing it correctly.

Do you have any data on recent rent increases in your town?

What I always suggest for folks who do not like a lot of is to borrow  no more then 60% loan to value.

.- I spent around $30K to do upgrades before selling.- Sold it for $915K after 5.5 years (received $442K at the closing)- Did 1031 exchange and bought 8 SFH in NE & AL worth of 1.6M (brings $4k/months income now) What made you interested in investing in this type of deal?

It seems like they are being unprofessional and do not want to.The issue is that depreciation schedules are not given to the IRS when you submit the return.4562 which is used to calculate depreciation is given to the IRS but it does not factor in non-depreciable items such as land. 

I will definitely keep doing my homework. 

Quote from @Hai Loc: Interesting  How do I learn more?