Good pm companies will not take on the low asset grade problems bc they simply aren't worth it and you are left with the inexperienced or bad ones. 

Make your intentions known and question them on what they're ok with and what the fees are regarding just simply holding a license for your own personal transactions.

long term I’d simply be okay with owning a few rentals for passive income and retirement.

It is definitely possible to manage your own properties unless you simply don't want the hassle. 

If you'd like to share the details of your concern we can render better advice.Community Property is simply property acquired during marriage (i.e. wages. real estate) that under certain state's community property laws is considered the joint property of both partners in the marriage.

.- Monthly cash flow from day one- More properties that are fully separated metered -- gas, electric, hot water all metered for individual units- Significant increase in property management -- evictions, late rent not because somebody simply forgot to press "send," potential domestic issues, issues between tenants, etc.

Paying all cash was simply to have a competitive offer and get the property at a discount.

But what's worse is the epidemic rise of people simply choosing to not engage in employment.

From there it's simply showing up, consistently, persistently, and no matter how feel showing up and putting in the work with intensity like youre there to get things done. 

If you day-trade or read the tea leaves for hot stock tips or play the ponies or simply put your money in index funds, do any of these things occupy your interest like real estate?