Property managers

[Denver Cordle]

Were I live tri-state area of KY, OH, WV, Property managers are unheard of, one answer I did received was because, in the state of Kentucky, there are to many laws and regulations that make it impossible to become a property manager.  So my question is for anyone that knows, what would it take to start a property management company?  I know that in this area, there is a lot of people that own rentals and manage them, them self. 

Would it be worth it? 

Can one be started without being a Broker, but hiring one instead?