If you have the properties only in your name or your husband's name, then you can essentially raise that limit to 8 (4 for you and 4 for your husband) properties.

You essentially have a property that didn’t cost you any money, just your time.

The cash flow is very high ($1070/month on $52,000 investment), deprecation is very fast even without accelerated depreciation, but there is no large upside on the backend of the investment because the asset is essentially plywood, a computer chip, and a cash dispenser. 

so essentially what I am saying SFGiants...if you take the time to find a good tenant that you would take to find a good management company...for 1 house...you will be better off.

Considering that you're light on the renovation which is probably closer to $100K the equity is essentially your downpayment. 

The reason why I don't go to Mexico now is the safety issue. 

Only problem we had was that customer support and clarity on the process once we received the metering components was essentially non-existent. 

I already have another rental as well that I bought with cash a few years ago and it pays me that nice steady monthly stream that I could essentially double with this potential next property. 

If the real estate market was to cool I wanted to have the option to have a safety net that offered the opportunity for another type of active income.

I served her a non-renewal notice AND a 5 day notice but a lawyer told me that judges are not granting evictions unless there is a some safety reason that the tenant cannot stay there.