A great way to get started if you currently have a W2 job is to buy a house hack like a duplex or a fourplex where you can move into one of the units and continue to rent/manage the other units.

Additionally, in Co-Living the property manager walks the property once per month to deliver toilet paper & cleaning supplies (aka property inspection).

With rehabs you want to know enough about how houses work to manage the tradespeople.

I run Blaze Real Estate a property management company in Amarillo.

It’s generally better to pay taxes, especially if it’s preferential LTCG treatment and make a sound investment with cash that remains than defer and make poor investment decisions. 

Madison Management out of reno is who we use who ironically used to be in Morristown NJ

Local property managers or agents can often provide trusted referrals, and real estate meetups are also great for connections.Wishing you the best!

This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.

I would recommend just reading up more on both industries and make a decision from there.

For example, could I use my SDIRA to operate a management company that charges my holding LLCs a management fee?