Property managers - What's a fair wage?

[Cheri Schaffer]

Hey guys!  This goes out to all people that have a property manager!  

I'm curious on what you pay your property manager.  I've seen the average at different wage points, and was curious.  

Do you go by a percentage?  

What percentage do you go off of?  

How many units did you obtain before passing the duties over to someone else?

What else should someone keep in mind about hiring a property manager as far as wages go?  

Thanks in advance!  :)