I would say, do your numbers and let the math make your decision.

I rarely struggle with math and have been successful in calculus and statistics thus far; that should not be an issue to factor into my degree path.

Eventually REI became our next daunting experiment, but at least having graduated we all had a great $$$ JOB.To this day my education has paid off substantially in my REI applications & the need to apply advanced math, electrical concepts & shear force/bending moments often comes back to haunt me.

When doing the math - that is $187.50/hr divided by 2 guys. 

My math must be wrong.

A lot. some quick math $1,000 per door which varies by area at 10% a month (which you won't be paying if you have enough units to be considering a full time employee) = $100/ month so to get to a salary where you might get a reasonable PM you are probably looking at a minimum of 40 probably more and that is if you don't want to provide benefits and all your units are in the same place. 

I wanted to do the math on them and understand the conditions of them a little deeper, so I figured I'd share the nerd math.

This is simple math and finance 101 of any business. 

By my math you're only making a 3% return on your equity.

An attractive plan B in high priced cities like NYC is typically to rent... but when you do the math over time, it doesn't stack up well against house-hacking.House-hacker clients of ours in BK, Queens, Bronx and Long Island have done low-down payment FHA and even VA loans on properties that will cash flow once they move out and rent the space they currently occupy.