Property Manager AND Repair/Maintenance Budget?

[Ken Alce]

Hi all. I'm planning on house hacking and I'm excited! I've been doing daily reps with the rental property calculator but I'm confused. Why am I setting aside money for repairs and maintenance (conservatively set at 7%) AS WELL AS spending 10-15% of my monthly income on a property manager? Other than collecting rent, isn't the property manager's job to handle repairs and maintenance? Of course, I set aside the CapEx % for the big stuff but I thought PMs handle the small stuff.

My concern is that I'm walking away from potential deals because the cash flow is coming out low/negative when maybe that say 180 a month could make the difference between a non-starter and a potential goldmine!