You might try to just have your own management company where you are actively involved but get people with the title as assistant manager or something where they are absorbing all the calls and taking care of the routine duties and you are only brought it on important issues.  

That would leave more money in your pocket to take care of repairs and such.

The program's focus is to protect the health, safety and welfare of the public.

Why would you care where your investors get their money from?

My company doesn't care to get into residential agency, which is why I'd rather not mix the funds.

My wife and I have careers in healthcare and are looking to start building a portfolio of properties to diversify our income sources and build a better future. 

@Renata McCulloch  20k is enough to get started with buying a small balance loan but, unless you have the ability to move more money into your IRA you want to be careful.  

Do you have a GC that takes care of all the reno for you?

The tenant has caused many issues such as:1. many mold issues by not properly utilizing an taking care of an indoor pool room.

I looking to obtain any knowledge or tips on acquiring  hard or private money lending, also I'm looking for the likes of a mentor.