What skill sets and experiences have you drawn from? 

I see you just started investing in Los Angeles, did you have prior experience flipping before these two houses?

What was your experience like? 

I would add....does your partner have rei experience?

There is a lot that you don't know, but house hacking and managing the property yourself will give you that step, not leap, into property management where the mistakes you make will come with far smaller dollar signs and very valuable learning experiences.....and of course, you keep you hard earned rent in your pocket which will only help you moving forward.

Has anyone gone through this or have any related experience? 

Contractors experience gives us insight where to look etc.

This is because most DSCR lenders typically require a minimum of 12 months' real estate ownership experience before considering you for 30-year debt options.

In addition, Houfy is a direct booking website that mimics the look and feel of Airbnb in terms of user experience.

Eventually as you get more experience and capital cushion the fear gets less.