@Byoung Baejust for a countervailing perspective - the macro environment is just about the worst it could possibly be right now for you to pick a random market in a random state and shell out $50K or more to get a random property and then turn it over to random people you haven't met.  

This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

I am interested in working with MB capital in getting unsecured line of credit and possibly hard money lending.

I say take a gamble for anyone in which its even possibly feasible for and trust they're process. 

Will definitely look for the best possible tenant.

So outside of licensed electrician, plumber etc I ended up doing as much as possible myself, 5 hours every workday night and sun up to sun down on weekends.Looking back this was a huge adventure for me personally, it took me 2 years, I learned a lot and it made me a better investor.

Quote from @Victor Yang:In addition, is it possible for me and my wife to gift 36k worth of equity per year of the house (under the annual exclusion limit) and therefore have none of the costs go towards the lifetime gift limit?

You could bring less down and possibly have a lower interest rate since you will be living there.

I appreciate you hitting on all the potential possibilities in detail. 

We're possibly (sorry for using the p-word) talking about 200 hours.