I know they are legit because I listed my property there and it got rented by someone looking to do Airbnb.

Not sure how many PMCs you've had bad experiences with, but we'll take exception to:"Then do a thorough research on tenant applicants (note: leaving this to a PM may be hazardous to your financial health)".BP seems to have more threads about screening mistakes by DIY landlords as opposed to PMCs.Now, if you'd have mentioned Maintenance, you'd get no argument from me:) Even the PMC industry acknowledges maintenance as one of the biggest challenges.Rereading my post, I kinda see how I sounded negative toward PMs.  

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

To get into this field you could join First Deal by Brandon Turner.

Experts, including Redfin, predict further improvements in affordability by 2025.The decline in rents is being driven by:1.

Out of 4 tenants, only one has abided by the lease. 

I have 3 homes managed by a property manager.

Then, I spoke with several acquisition managers with very limited knowledge on how to evaluate a deal but this time, the company they were working for was sued by multiple homeowners for fraud.

For those that do not feel comfortable enough with excel to build out a tool on your own, I would suggest starting by taking excel courses focused on dynamic real estate modeling.

for example, buy a 2-unit, rent out 1 unit, and then rent all the bedrooms in the other unit to friends and sleep in the basement or on a couch.let's recapnot easy: house hacking in NYCeasy: buying sub 30K houses that will turn into money pits and won't advance your goals at all