House hacking will also give you some personal "property management" experience.

Hello allI have been looking at some areas in Washington state and Str’s around Suncadia caught my eye but it seems there are some restrictions if you don’t use their in-house property management.

Look for a property manager.

If vacant have a plan for how you will screen tenants or manage. 

I am the owner of a 10,000 sqft luxury mansion in Hawaii that I have spent the past two years renovating and managing.

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

In addition the buyers had to go through a year long class on money management and how to keep their credit good and so on and so forth.. this program is NOT designed for investors although it says its open to anyone who makes below the median income I believe and you can have crappy credit most do. 

Let him run this (self-manage) for a year or so and see how everybody feels about it then.How does that sound?

I read that it was possible to create a PM company under an LLC and pay myself to manage the properties but then I would be subject to 15% Self Employment taxes.

I just received a message from my previous property manager for a rental condo I have in Orlando.