They are either speaking out of their limited experience or claiming something is legal or illegal based on personal preferences. 🤓🧐  thanks  Scott:)

My opinion varies based on my experience, and keeping a property manager has been a nightmare for me.

Instead, consider a DSCR loan (based on rental income) or refinancing into an investment loan post-purchase.

Quote from @Cosmo DePinto: When applying for a DSCR loan, can you base the rent off a section 8 tenant?

I'm a CRE attorney based in Nassau County although I frequently work in the boroughs as well.

I know getting my real estate license is one option, but I am looking for more than one option.I am based in CT, so if anything specific is coming to mind let me know, open to all Ideas.

I am based in IL just outside of Chicago.

Southwestern Michigan offers plenty of charm and is a destination place but would definitely make sure your ROI makes sense based on your long- and short-term goals with the property.

This is not a one size fits all answer, but bad debt is non-asset based or depreciating assets - , credit cards, medical, buying dumb stuff.Good debt is debt used to make or grow your portfolio. 

You will need to narrow down the zip code or street a little more based on where you decide to purchase, but this gives you a good start.