My broker's property management company is local to the area and very familiar and comfortable with this product type if you want hands off management.

Another plus is that I now manage a lot less units, so PM is minimized.

Just found out about the pros and cons of turnkey investing and what it is, would you personally go for a turn key companie to manage your properties or do you have a more efficient way of taking care of your investment while being out of state.

Im thinking of renting out my primary which will cashflow $650 (no management fee, self manage) because of low interest rate i got it for 2% which still has 2 years before rates renew. 

I own a property management company in Vegas.

The GC is mostly a project manager, and if they are good, this adds so much value. 

Passive income is something talked about, but the majority of real estate investing is far from passive and what is called passive has payments for the passivity (management).Your why is strong, to provide generational wealth for your family and likely achieve time freedom long-term, that's awesome.

.) , but appreciation has helped, the tenant is great, I have a property manager. 

Of course, the rate can be slightly steeper than the conventional loans where it is a full document loan, where they need to qualify you based on your income.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.

A decent portion of S8 tenants don't pay their portion of rent or utilities - sticking it to their landlord.Forget about using the threat of having their voucher taken away, as that doesn't really happen any more:(We manage almost 700 doors in Metro Detroit with almost 100 S8 tenants.