@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

LIHTC properties can have requirements that stay with the property for up to 15 years.

How do you think the 2 relatives will feel about having their rent raised or being required to pay rent period?

Quote from @Jordan Kaylor: What is a “seasoning requirement”?  

This can be done, it just requires finding the right lender.

But It requires an endorsement.

As I said earlier, this is strictly for investment purposes.The property does not have to be turnkey, if there is room for improvement that's of no concern as we both have the skill set to invest in whatever upgrades are required.

It depends on the rental income, what you plan on putting down (20-25% is typical, 15% or 25% is required for conventional depending on # of units) For your owner occupied deal, you should be able to use a portion of the rental income to qualify and help offset your DTI a bit. 

Things just require more ongoing expenses percentage wise out of state because you have to pay people to do everything for you and you will have a longer time building relationships with vendors even when getting decent referrals. 

They require the same amount of attention as everyone else and we are one entity....Not everybody dances to the beat of your drum.