Things to consider are self management, travel distance, property taxes, insurance, resource availability. 

The Father works in construction project management consulting and can make about $5000 per month over the course of a year; however, it is cyclical and currently does not have a contract.

From a tax strategy stand point, is it best I charge myself commission or not?  

All expenses for that rental unit are now write offs when you file your taxes.

Also look at property tax rates, how often properties are re-assessed and if there's a cap on property tax increases.

Meanwhile, while you wait for an uncontrollable event like appreciation, you are losing $1,000 +monthly if you have 100% occupancy on a LTR at $2k per month.( prop tax, insurance , mortgage)Cut your loses.

Assuming nobody wants to live in it, especially at any exaggerated values, sell it tax free asap and move on. 

There are 4 other key aspects to consider when analyzing deals and they are - tax savings, principal paydown/equity building, appreciation, and inflation hedging. 

All your full documentation information (IRS taxes net and bank assets) are input and approval is a program, generally no exceptions to their rules.

That got me onto the tax lien / deed sales - which I then listed to 39 with Seth Williams.