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New Investors: Should we get management?
I am brand new to BP and my apologies if this has been discussed before:
As a brand new investor, our goal is to buy our first Multi Family property by the end of 2021. We will be using a va loan. We both have full time jobs. When the time comes to purchase, va loan rules say we must live in one unit while renting the others (house hack).
My question is because we are new should we hire a management company to help us with Maintenance and tenants or should we do it ourselves? We know nothing about maintenance and are afraid tenants will need help when we are unavailable. Also, I understand it costs more money to hire a management company, but is it worth spending the extra money for piece of mind or should we bite the bullet and do it ourselves? Thank you