I think in most cases we haven't hired anyone based on their system experience unless it is a position that focuses on accounting. 

The manager and mngt company work in tandem daily to manage tenants, buildings, maintenance, contractors, accounting, escrow, HR, taxes, fair housing, municipalities, legal etc… It does take a village for sure. 

These mortgage bonds trade with a spread, or higher amount of rate/return needed, versus the Treasury bonds to account for the higher risks.

We have an S-Corp that manages both LLCs, so I can take payroll and contribute to retirement accounts. 

Poor handling of account.

We bought our first property in the Smokies in 2005 and now currently own 5 and manage about 30.We now have a lifetime income stream from the 5 properties, with modest mortgages on just two of them.  

Also a weird caveat is that in order to count rental income on any FHA property to offset the mortgage for your DTI calculations on the next approval, the properties have to be more than 100 miles away. 

I'm deliberately keeping things overly simple here because secondary market ops and fixed income pricing can get complicated quickly. 

-Thinking long term, is this something I could scale to make my primary source of income?

It is possible to self manage since this is only few miles from my house however I did want to account for PM fees in case I needed someone else to manage.