A good manager can protect your property, income, time, and sanity.

However even if the cash flow is reduced, it may not be as great an investment but could still be a fine investment.  

With the partial garage conversion I'll have more living space than the house listed at 380k which is a bit outdated itself.As far as projected STR income airdna says this would produce 60k/yr.

We no longer want to sacrifice any of my wife's income to invest in our rentals and only want to grow with the income that the business produces.

To minimize audit risk, it’s advisable to choose “Other interest” instead of “Mortgage interest” when reporting.Part 2: Forms 1099-INT from Investors to Private LendersForms 1099-INT Explained: Similar to the interest earned on savings accounts, Form 1099-INT outlines the interest that must be included in taxable income.

If you don’t want hire a PM m, however it will take a substantial part of income.

I make half your income at my 9-5, have BRRRR'd a few SFH, and all them were base hits. 

They focus more on the property's income potential rather than personal finances meaning no DTIs, less paperwork, and more underwriting flexibility.

I look forward to continuing working with you on helping you achieve your passive income goals (and hopefully surpassing them!). 

It's very unwise to use a new builder in the area as you need someone plugged into the town so you reduce your delays and get inspections on the timeline as they expect.