If you can break even over 5+ years on operations, than your win is the equity growth. 

I don't think it can be overstated that you need to speak with rental owners in the specific Housing Authority the properties are in to see how the housing authority operates. 

Working horrible job, living horrible, no golden streets of opportunity found.

I learned enough (in summary) what they needed to do their job in getting my funding to make it easier on myself.

Managing 25 properties worldwide, I’ve scaled operations to generate $1M+ annually, which led to acquiring a hotel in Costa Rica.

Q1: Great points, we'll need to have a detailed operating agreement that outlines an agreed approach to all potential outcomes.

They have allowed me to quit my job as an Engineer. 

I think KCMO is considered a landlord-friendly location.A professional property manager can significantly improve an investor's life by streamlining operations, maximizing profitability, and reducing stress.

I’m assuming you have a good salary job that you and your wife participate in.  

They have great people, communicate well, and seem to do a good job on rehabs.