In addition, I spoke with my lender and I can qualify for an additional $225-$250K conventional loan for a “second home” because I didn’t borrow against my entire income to purchase my primary residence.

I should also add that in addition to the 100k I have liquid, and the 55-60k I can get against my house, I can also qualify for 500k based on my income and expenses, and use the 100k liquid as the 20% down. 

We own and manage our own rental properties and not that of others, so I may not be qualified to answer your questions since we don't use an outside property management company.

@Joseph Lucas JrMy comment below is a question, not a professional advice, because I'm not an attorney and am not qualified in legal matters. 

A few streets down could qualify for C-/D+.

I need help with two things, first the reason I’m loosely looking is because my wife isn’t completely on board with investing.

If she is unable to have a civilized conversation then maybe you need to put some showing notes in your listings to the Agents to just beware of the neighbor who suffers from some kind of mental health issue <-- not too sure if you are allowed to do this since technically I believe this is a protected class but I would maybe consult with your local real estate board.

It’s important in determining whether you qualify for a 1031 exchange. 

My wife is on board with our investing of rental properties goals but would like a slightly bigger house in a better school district.  

Our setup has us splitting losses 50-50 as added insurance to the investor and as a way to show i have skin in the game.