To be clear, it is ok to say "this would hurt my pocket and I dislike it because I am self serving."

A lot of the advice on this thread is a bunch of self-serving nonsense from people who own 10 less properties than you. 

Besides it being much slower start up to self-fund, why not use cash instead of financing to avoid the risk? 

It's not quite a passive as the RE world makes it out to be (we self manage our own properties)... but it is a very nice lifestyle.  

@Seth Baumgartner @Tim JacobI reviewed many portals (creating accounts everywhere) and by the time I reviewed what they cover , its deflating.Also what does one handle 'self employed'?

You were self-financing, marketing, buying, rehabbing, renting, and flipping your deals single-handedly and I remember wondering where you find time to sleep!

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

Are you trying to self manage?

Off the cuff, FHA can be difficult with appraisals, sellers willingness, self-sufficiency test, life time PMI, & FHA premium.

I’ll be out of state, which I know is a big red flag for many.Well below 1% minimum of Rent/Property ValueHoping to self-manage (Yes, another big red flag)Loss of capital gains exclusionMONTHLY SUMMARYRental Income $3,500Less ($3,440) Mortgage (2,900) HOA (390) Rent Ins (150)Less ($1,155) Property TaxTot Exp ($4,595)Rev: ( $1,095) !!