One of my goals for this year is to buy a property OOS and another one in my backyard.

Deciding whether to sell or keep renting really depends on your long-term goals.

Hi Jasmine-Congratulations on being ready to turn your primary residence into a rental.Your question is should you use a property manager or self-manage your property.If there is enough positive cashflow or you can afford to pay a property manager, I always recommend doing so for the following reasons:1.

What goals do you have set for this year?

I see other people have their primary residence as an LLC however. 

@Nate Pharmer-Eden great goals!

My idea is to put 20% down on a $1 million property, with the remaining $800,000 paid off over 8–10 years, depending on how much yearly income the seller would want.I’ve seen a lot of discussions about using seller financing for investment properties, but not much when it comes to primary residences.

Quote from @Nicholas Dillon: Hello All,I have around $200k in equity in my primary home.  

If your wife and kids aren't moving in with you, then it's not your primary.

Also being able to write down/document goals I set earlier and see if they are being hit.