Buy a primary residence, gain some equity, then borrow against that equity to invest. 

We live in Denton, invest only in Denton County, currently have 3 rentals within the Denton, Corinth city limits in addition to our primary residence in Denton.

https://www.miamidade.gov/building/standards/resid...

That's a $200,000 gain, and if you are an owner-occupant and set things up right with your accountant, you might be able to sell this personal residence and keep all of the capital gains tax-free. 

I recommend adding a clause to all your leases that prohibits people from running ANY business from their residence.

Often times you can find out that the person on tax records has a different address from the residence.

There are days I have to work late, stay all day and the various Navy related duties but like I mentioned earlier would like experience/exposure while helping out/not being a burden.My wife and I have two rental properties and our primary residence so I'm not completely new to the world of real estate but when it comes to investing I'd consider myself a newbie.

You are not allowed to sell or transfer your residence into an IRA.

I’d probably share in your concern in the single-family or small multi space, where the principals of the management company might also be the ones showing units, taking calls from prospects and making leasing decisions.In the large multi space, they probably wouldn’t steer residents to properties owned by the management company.

Is the rate or tax different if its not your primary residence?