We learned a lot about project based Section8 buildings, but are now actively pursing more projects like this.

What I can share is that the risk-reward will not be worth it as a 'newbie' due to your limited capital and inability to actively manage your properties. 

You have to be honest with yourself, understand the risks and assess if you can afford the negative cash flow.

I want to keep them separate to manage activities according to each regulatory agency.

but if you have a view on active vs. passive income.my goal is to have income from multiple sources, ideally part time work that i enjoy is a component. 

It's great to hear from someone active in the Rochester market.

What ROI do you need to justify the liability and active nature of owning a rental property?

It's not illegal provided you're dislosing it to all parties and not trying to actively hid it.

From there you assess if month to month cash flow deficit is okay, that's really such a small detail of it.  

But it’s clear you’re a smart investor who knows the long-term benefits real estate can bring.I keep reminding myself why I stick with real estate: you can make money every month in four different ways:Cash Flow – Passive income to live on.Appreciation – Long-term property value growth.Depreciation – Tax benefits that reduce your taxable income.Tenants Paying Down the Mortgage – Even if you’re paid off now, this is one of the biggest wealth-building tools for leveraged properties.It sounds like your main struggle is the stress of active management—and trust me, you’re not alone.