I want to keep this mostly self-service within minimal management/part-time employee.

I try to keep what I can...I now have 10 rentals, but some I flip.  

It's a great way to keep up with the market on a real time basis. 

.* The house could sit on-market a while, meaning the PM doesn't take a commission for 6-9 months on that project. 

WE have to keep in mind also that each state is different in how they operate with regard to public records.. out east in the states were folks still need a title abstractor title work is completely different than the west coast were most title plants have been moved off shore..

Just because you may not do STR/MTR right away does not mean you are stuck with S8.

I decided to keep it as a rental the last second and is currently rented for $2,250.

We're considering selling a property Subject to (S2) -- meaning the buyer would pay closing costs and a downpayment, we keep the mortgage in our name, and the buyer would make the mortgage payments and monthly payments to us. 

I don’t mean to discourage but I feel this is a tough market to enter.

The main areas usually causing problems being means of egress, fire separation for each unit, ceiling heights within each unit, sprinklers throughout all units, accessible unit and required parking.