Self Manage vs Property Manager

[Abraham Anderson]

I'm closing on 20 units at the end of the month. In preparation, I've read multiple books on property management (Including Brandon Turner's), and have listened to over 100 BP Podcast episodes, as well as browsing the forum.

That being said, I have a full time career as an insurance agent (life/health), I'm not sure if my time is better spent split between property management and my career, or if I should hire a local PM for 10%. If I do self manage, I would "only" handle the financial side (rent collection/turning units, legal), and outsource the repairs/maintenance/grass cutting.

What would you do in my situation?

[Steven D.]

There are a ton of threads concerning this topic all around BP. Based on the little amount of information that you have provided I would hire a PM to deal with all the problems as you have a full time job commitment already.