No hard limit beyond qualifying for each one on doing the 5% conventional loans for single family homes if you're moving in to each one, staying there for at least a year and then converting them to rentals.

Yup, a pro could make sure you start off on the right foot and stay there all the way until year 3 when you plan to exit.

You want that deed to stay free and clear wIthout beIng tIed up so you can cash out refinance the property after your done with the rehab .

As others have stated, ensure you have the connectivity to stay actively engaged with your team. 

They have duty to pay and better find envelope but they have to know where and how.I generally just go and introduce myself, talk about the letter, that it doesn't change any terms in their current lease and everything stay the same but payment account.If Tenants are good, make changes slowly - vacansies are very expensive 

We stay away from those states and won't buy non performing notes in them.

For me, contractors are the biggest challenge.We should stay in touch and do some brainstorming.And as far as MA, I always recommend Plymouth, Bristol and Norfolk counties (South of Boston to the southeast, plus the Cape. 

Or...at least stay in it.

But if you generally find yourself staying up late and then sleeping in the next morning, you just need to shift your day.

This is a good indication that he wants to stay long term, but you must be careful not to set the precedent that he can do this without going through you.