@David Wilson  sounds like a plan... although your direct involvement in your rental business will be correlated by asset quality.if your in low to lower end rentals with lower to lower end tenants.. your thought of sitting on the beach probably does not play out.If you can roll up and get solid B class multi or NNN commercial then I think your plan has merit.Or enough SFR's that you can hire full time employee's to run them.. like you do your current business... 200 SFRs at 200 a month positive... is 40k a month... spend 10k a month on full time help to manage them then take your 30k a month which is probably what you need and sit on the beach if that's what you want.

Disclosure Requirement for Licensees and Employees Buying, Selling, Leasing, and Renting Property.(1) A licensee seeking to acquire an interest in real property must disclose the licensee’s licensing status in writing to the seller or lessor of the property no later than the time that an offer is submitted.

Go to the  HAR website and do daily searchs for properties under 120k in your preferred areas.  

Tired of working so hard for companies that does not care about it's employees so, time to work for ME!

So, two W2 employees with families, owning our primary residences.  

I was hoping she was a W2 employee, and was going to type a good news email.1099 people are independent contractors, not employees, unfortunately.

I would qualify for that because I was the owner and I did not pay myself or any others that I didn't treat as an employee.  

When choosing a PM company, you are interviewing a "new" employee to add to your team.

They pull employees from 30 miles away.

One of my biggest Robert Kiyosaki aha moments was the cashflow quadrant, how he was never satisfied being an employee, and how he wanted his money to work for him rather than work for his money.