I'm now figuring out how to maximize the return on current properties and add value, efficient ways to self manage, etc.

Based on rent of $1,695, I think you'll be lucky to get an appraised value of $160k with a CoC return well under 2%.

If you were able to increase the value of the property significantly after the rehab, then you could bring the deal to a community bank  to refinance and take the hard money lender out.You keep all the equity and don’t have to file a partnership return for your annual tax return, which can be costly.  

They can help you find discounted deals, which is important if properties in your market don’t easily meet the 1% rule.After connecting with an agent, ask for referrals to property managers they trust.

Quote from @Stuart Udis: @Danielle B What data are you relying on that suggests Section 8 leased properties provide for better returns than other investment strategies?

Nate @Nate Marroquin   You can use the income from your tax returns on the current rental adding back your paper loss (depreciation) and add back the mortgage interest, property taxes, home owners insurance deductions on your tax returns. 

If they are professional, they can explain this quickly and easily.

Pay attention to improvements that provide the highest return on investment, such remodeling the kitchen and bathroom.

Contribute to HSA the maximum you can, then invest to get the best possible returns and wait.

Just make sure everything is updated and you will be able to manage it easily.