Depending on the project you could be a partial owner of a Multifamily Complex controlling 200+ units in the sunbelt with a small investment.

Question 3: Is the longer term solution for the theoretical LLC that I control to own multiple assets, in which case they and their cash flow would be considered by mortgage lenders for future mortgages?

That's usually the best way from the beginning to keep everything under control.

I never intend to evict, but it is the last recourse you have as a housing provider and if the tenants know you won't actually follow through then you will never be in control again. 

I took control of my life and told myself I will only focus on those things which "TRULY" bring me happiness.

The newer ones continually have repair issues, mostly driven the electronic controls and complex systems to squeeze out efficiency. 

If you want to raise some $ and do joint ventures, track record and experience mean way more, but a degree adds, but doesn't subtract. 

But these people usually lose their shirts.The rehab-to-rent model is pretty much dead in western Pennsylvania, especially in C-class, unless you can control rehab costs mercilessly.

In my experience though, self managing the pricing structure, guest experience, and messages are things I want to control and don’t need to pay someone else to do. 

Focus on what we can control...adding value, good locations, cash flow, prudent debt, and reserves and we will be fine.