Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.

I warn people over and over and over to know what they are buying and to go personally see what they are buying. 

For instance, said property manager manages maintenance issues, problems that arise during bookings, basically anything that needs a physical person at the property, while I manage the rest?

they're not magic.are you going to in-person / informal meetups? 

I personally haven't sent postcards, I've had good luck with PPC and Video ads. 

Personally, I would not keep a rental that is not expected to cash flow. 

I do have an agent I know personally but she's only in the area at certain times of the year.Section 8 would be better than nothing.

Therefore, it is advisable for the client to consult with their CPA to receive personalized guidance tailored to their unique financial situation.

@Jerry Chilimidos I am not a CPA owever my understanding is any loans to your IRA can not be personally guaranteed.

No personal income or tax returns are required.