I am 100% ok with my w2 providing me income to maintain my life and grow a nest egg for the later aspect of life  

Your plan to handle the strategic aspects remotely while a property manager handles onsite issues is smart, and as long as you log your work and stay hands-on, you’ll likely qualify for active status.

The main issue is a consistent lack of effective management and oversight.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

I like the all-in-one aspects a lot.

@Casey Graham 1) Your #1 goal with tenants is consistently, smooth cashflow.

It is Vanguards total stock market index and consistently outperforms most ETF funds year over year. 

Knowing the seller consisted of family members who inherited the property this year and had never actually seen it I offered $56k the same day it hit the market, cash, and close in 2 weeks.

Be consistent with marketing, farming daily to fill your pipeline. 6.

I'll focus on maintaining the property and optimizing rent increases to ensure consistent returns over the years.