Using a property manager is over-rated

[Mark Fries]

I've been heavily investing in single-family rental homes in Jacksonville Florida for the past 5 years. I definitely don't have all the answers and I'm still learning everyday but with a portfolio consisting of over 35 single family homes one thing I have learned is that property managers are overrated and not required for success. I've used them a few times only to see them let me down and cause more problems for me. I wanted to get feedback from other BiggerPockets members to see their feelings on the whole topic? For the money they charge versus what I get in return, it just seems like a bad investment. Does anybody have any hard data in regards to ROI on property managers?