I know of several owners of apartment complexes that have full time W2 Property managers, But I haven't met any owners of SFR's and duplexes that go that route.

To add on to what @Michael Le said, if you go the agency debt route (FNMA/FMCC) your net worth has to be equivalent to the loan and 10% liquid of the loan amount post close.

I will just plainly tell the daughter how much she would get from me as an investor which is about $125-135 and also tell her that I could list her home if she decides to take that route but it could possibly be in the market for a few months or she could always rent it and I could refer her to a couple of good managers and go from there.

i went the hiring subs route for my current project and my time for other things has completely disappeared. 

We won't however be going that route. 

(I think I can go the conventional route at least for the first one/first few)3.)

@Chris Mason I've been wondering about future loan underwriting if we were to go the Airbnb route.

I'm pretty sure on the route you're on, you're going to end up being some brand new loan officer's very first transaction.

We really prefer the SDIRA route. 

Jay can get you reliable 7-10% return on B class turnkey property, and you don't even need to own it, deal with tenants, repairs, or property managers ... instead, you go in as the lender ... just sayin', this is an alternate route you may want to consider ...