Additionally, ask them how long they have been managing properties and what types of properties they've managed.  

I know why I'm here now though:1 - I have a series of financial goals to accomplish for my family2 - I enjoy REI.3 - I have a series of financial needs to accomplish in order to do a number of things outside of my family4 - REI is fun5 - I like the challenge and I like the problem solving6 - REI is a lot of fun7 - I like meeting other REI, I like helping other REI.8 - I grew to realize that if you know what you're doing, REI has the lowest risk with the highest return of any other type of investing9 - I like meeting other REI10 - I like helping other REI.

I found that I must be firm when I come across this type of situation. 

Through all of these various avenues, you should be able to get an idea of what type of investing interests you the most.  

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My everyday tasks could include anything from building a deck to typing contracts for future jobs.

For the lurkers: Fannie Mae is totally cool with a revocable living trust, even at closing, for all property types - including residential investment properties.

Just wanted to gather others experiences with this type of scenario.

Not because I am one, but because I want to be one.Anyway, about me: I live in San Diego, where every type of real estate is expensive.

Might help to reach the 20% equity threshold.Definitely research both loan types and the requirements for each.