Trouble with cities on permits?

Fannie Mae only requires ONE year of property ownership or management experience to allow you to use rent to qualify.

Are you already working in property management?

Who is in trouble if the payments are not made?

I would consider getting out of property management and getting into cleaning IF you think they are doing better than you . 

When evaluating a property management company, it's important to look beyond just the management fee and consider the full scope of services and costs involved.For example, at our company, we charge a 10% monthly management fee, a $250 lease renewal fee (unless it’s a takeover tenant, which requires additional effort to establish a strong relationship - because usually people are changing pm companies for a reason), and the first month’s rent as a leasing fee.

Managing remotely works until it doesn't.

For example, one $27/hr FT property manager of mine can manage 140 leases.

The ability to effectively self manage would depend on the scale you are trying to buy. 

The manager doesn't determine what they do and don't like, they 'manage' the HOA to comply with the law and guidance from the Board.