We both work full time in non-real estate professions (tech executive & physician) and are currently self-managing our properties.

What would instead be needed is a corporate or LLC resolution appointing an appropriate individual with capacity to execute and bind the entity.

For example, late rent- If you have a system for dealing with late rent payments that you have thought out in advance you won't have to make a decision each time it comes up; You will just execute your plan.

You would have to execute perfectly to be able to do this.

If you're already moving on the replacement prop, you may need to ask to slow that process down while you execute a quick sale to your tenant, or you'll need to talk to your QI about a reverse 1031. 

Even after that, I was too afraid to initiate any deals because I've convinced myself that I did not have the knowledge or experience to execute anything of substance.

Then you can pull out equity, sell and execute a 1031, or just hold them for the rental income. 

Uranium) the government can execute eminent domain on your property and we are also bound by land ownership limits since the end of the Mexican Revolution of 1910 (which was made to stop the wealthy hacendados abuse over the farmers) and gave place to the communal property known as Ejido (major obstacle in the development of suburban gated communities in my hometown)

@Jim Edward Walker The number is definitely achievable, It just depends on your plan and how you plan to execute it.

If you execute properly, you should be able to get a higher return than investing passively.