Occasionally, I will get an objection from an off-market homeowner that "might" sell saying...

I occasionally will get one and restore it as a labor of love, but they are all in very rough shape. 

., I’ve occasionally foreclosed on notes merely to clear title.

Occasionally you might see commercial real estate companies put out analysis for different markets and different commercial segments. 

A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.

I spend a few hours a month paying bills, answering questions from my PMs and approving large bids, and then occasionally handling a turnover.  

This is an IRA, just like any other self-directed IRA; however, it allows you to connect your IRA to the following: 1) You can use a checkbook IRA LLC type structure, for example, if you are purchasing individual rental homes, or an occasional fix-and-flip.

The masses are like people all hoarded together walking in circles with blinders on when their eyes open occasionally when they think they find the one thing to get them too easy street.

Learn how to consistently hit singles and doubles, and don't be ashamed to take the occasional walk. 5 years is a very short time frame to go from no RE to financially free (although you may already have property, which is an awesome start). 

Ideally, I’d have an Airbnb down there (for occasional personal use) but have received some feedback that an out-of-state Airbnb would be too difficult to manage.