As long as you're not making the decision based on race or some other 'protected' criteria, I think that's fine. 

Now, if you are in a business entity that contracts in that entity name and you are compensated inside the company for a job well done, that's a horse of a different color!

I want to start my personal adult life on the right track and avoid the ''rat race''.

I'm only 22 but I want to acquire my first rental when I'm 23 and work my way out of the rat race.

@Dean R.Congratulations, you’re out of the rat race!

Sounds like the cart is ahead of the horse here.

I started learning about REI in April 2015, and the thought of exiting the Rat Race has me all in (well, all in as much as possible while I'm still in the corporate America trenches). 

I think that is all horse s*&+.Tenants and renters are people.  

Here's a quick run down...My father purchased a ranch property back in the last boom.Purchased for about 1.5 Million.It's a horse property and one of the borders had an issue with us and to get back at us sent out Building and Safety.We come to find out that the property was purchased with the idea that all 2000 + Sq ft of residence was legal, we come to find out only 900 + Sq ft is legal, not even the pool is legal.They want us to bring everything up to code and draw up new plans reflecting such.Our realtor says we have a great case and can sue the previous owner, what can happen in this case has anyone ever experienced something like this?

I also think you are putting the cart before the horse as far as wanting to use property management.