I don’t have the time to deal with it, reservations, guests, maintenance etc.

Interest rates were starting to rise and Cap Rates were low. 

You can go up to 75% cash out and use a DSCR which will off several terms including I/O Interest only which helps keep the payment low while you take out the cash and pay it down or off.

From this S-Corp she will draw a small salary as a W2, and the remainder will not be subject to S.E. tax, FICA or Obamacare and can be placed directly into her solo 401k or a Back Door Mega Roth.I am definitely going to speak with my CPA, but wanted to see if anyone else had any insight if this was feasible.The retirement contribution amount is dependent on our W-2 amount (can't go too low).

Worked ourselves out of income here lolVacancies lowMaintenance repair requests lowNeed to cause some drama so we can start putting some food on the table lolJokes.It's interesting though how if you do a good job in property management you kind off work your way out of being able to generate more income.I guess it's a good problem to have from a performance and ethics standpoint.What do you guys think?

do you know what rehab it needs / what deferred maintenance it has? 

I invest in College Station because the vacancy rates are very low, the population growth is strong and consistent over the last 20+ years and the economy is backed by a huge state funded school. 

I would say yes to this market if you like steady consistent growth and low risk.   

The sad thing is that the barrier of entry to the realty profession is pretty low and there are tons if incompetent agents.

They are not going to walk away form $1,000 super low rent too willingly.