in most states as long as your felony is not financial you can get a real estate license I woujld do that.then work for a top producer and learn the trade.. do his or her busy work share commisisons.I have seen many apprentice for 3 to 5 years then strike out on their own and end up doing quite well for themselves.trying to be a real estate investor with limited financials is a pretty tough thing to do with or without criminal backgroudn

PMs have different contracts, and some may be more restrictive than others in what control you have. 

Construction, for example, will add risk to a project because it limits the capacity for collecting rents during this time.

If you want to step it up one more, get one that connects wireless, if you have a wireless connection there, and you can monitor and control them from anywhere.

The older we get the more we realize that our time is very limited and we get more considerate on where and how to spend time.

You can't set it up just for purposes of qualifying for a Solo 401(k).Also, if you contribute to your day job's 401(k), you can still contribute to your Solo 401(k), but the total contribution limit ($18,500 for 2018) is the max for both plans combined, not separately, meaning that it's not $18,500 for your day job's 401(k) and $18,500 for your Solo 401(k) but rather a grand total of $18,500 for both.

I want to make as smart of a move as I can given my current limited options so I want to see what others would do in my situation.

@Jonathan Bolano Some of the answers will be fine tuned by your agreement with the individual owner, but generally the answer to those questions are:- Yes- Yes, but there are commonly dollar limits set, so that, if a repair were to exceed $500, the PM must seek consent from the owner.

Home Possible does have certain qualifying income restrictions depending on where the property is located but some areas on the north side have no income limit.

Furthermore, I am in FULL control of our entire family's finances.