We do use a property manager for some that are too far right now for us to deal with, but they take almost as much time and effort as the ones that I self-manage, so I'll take those over when I have the time to build the proper systems there and have time to screen the tenants myself.If I found secure investments that could substitute for the income from our rentals without the hassle of dealing with tenants, I would consider it, but it's difficult in this low-rate environment.  

The bank should like this because you are going to get money back that you will reinvest into the asset and make the asset more secure for the bankGood luckGino

Just go to bed at night knowing that you'll be much happier and secure in five years than any of 'em

Together as a team, we feel confident and are ready to take action into securing our family’s financial future.We have seen a lot of debate about whether becoming licensed as a real estate agent/broker/realtor is necessary, but because we both are in this together, we have decided that my wife will be the one to become licensed, eliminating having to hire an outside agent, killing two birds with one stone.

I was able to secure owner-financing, and have since addressed the title issue.  

Depends on your state's priority rules and the nature of the secured interest.

I intend on house hacking, but if i find another deal, can I move out and secure another primary residence loan?  

Trust your spidey sense :)You could make sure your lease is clear about consequences for breaking it early, and make sure you get a security deposit.Has he lived separately from his family before?  

As is, if you approach a private lender you can secure their loan with a new project.

I could establish security measures for these homes such as alarm systems and upgraded windows and doors to minimize burglary and offer tenants more peace of mind.