Self managing is definitely doable, especially if you're living in the building, but why bother when you can be more focused on money making activities like sourcing your next deal?

I hear section 8 can be a great source of secure income but with some slightly higher risks?

Acquire multiple properties in cheaper markets - will require you to network well so you can find the contractor, property manager, lead source, etc.

Real estate entrepreneurs were once investors, who have transitioned from solely investing in a few properties to creating a business acquiring multiple properties as their main source of income.

Source: Landgrid, Data is as of Oct 2020.

At $2k a month income, that barely will keep maintenance, insurance, and taxes on a house, a car gassed, insured and maintained, medicine/medical expenses, and food on the table. 

DISCLAIMER:  I am not discriminating against him / his source of funds. 

This can be sourcing deals, analysis, contractor connections, etc. 

From my experience in sourcing code violation cases from different areas of the country I can tell you that if the situation isn't remedied and it escalates the fines and liens will be levied against you the homeowner - not the tenant. 

Here's the information from a source I trust https://homelinemn.org/phaseou...When are lease terminations or lease non-renewals allowed?