I have another IN real estate attorney for you (if Cody's doesn't work out for whatever reason). 

If it doesn't work out with the current property manager, do you have another option lined up?

Thank you all for warning about getting the wife on board and possibly making the physical structure to work out   

Rabbit hole a strategy and if it doesn't work out for you, go to the next one.

I am sure it will work out great and you will learn much from this experience.I wish you and your family much success in your real estate journey and in life.

Show pictures of the fancy little omelet you ate at that adorable little cafe, and talk about how amazing it was.Show pictures of the current house you are flipping and ask for suggestions on colors schemes for your new kitchen.Show pictures of that latest work out you did that lost you 200 pounds overnight.THAT is what people connect to.

Yes, buying condos as investments can work out.

It sounds like that should work out just fine as a rental with your current debt.

I see this happen with new investors all the time where they make rookie mistakes but things still work out pretty well and they escape disaster.

As long as appreciation holds firm at 3-4% you can probably sell it in 6-10 years and work out fine.