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Updated almost 7 years ago,
Self managing out of state multi family?
Presently I self manage 2 multi family properties. In two years I will be relocating to another state and I have interviewed a few property managers. However. With my cell phone I can continue to manage these properties anywhere in the world. The only thing missing is eyes and ears and in general boots on the ground. I have good caretakers so why don't I just train and empower them to do the things I cannot do once I have relocated?
What am I missing? Has anyone else attempted this? What problems arise?
Thanks Jeff