Property Management: to outsource or not???

[Kenny McCray]

Welp... things didn’t work out with my previous property manager, who was working for me in-house.  That is the second one that didn’t work out.  I’ve invested in Buildium, got my leases and processes down, a file sharing system, google voice number, etc.  We have 15 doors total, 5 of which are under management and out of state.  So, all I need is a competent and dedicated person to handle the day-to-day management, right?  If only it was that easy. 

I’m thinking about posting an ad on Upwork and seeing if I can find someone to handle the repetitive computer and phone work tasks virtually.  Ideally someone in and around Tacoma, wa.  But, it’s easier said then done, there is the time it will take me to train on my system, effort spent finding and interviewing said person, and ultimately I may end up right where I am today; I have other big life projects (opening a restaurant on a 100’ boat called the Island Caper in Bellingham, wa) and not enough time in the day to manage the 10-units.  Six of these units are in Tacoma, 3 hours away, and they are the majority of the turnovers and work.  So, now I’m thinking of biting the bullet and paying a higher price / sacrificing cash flow to not have to deal with it all.

What are your thoughts?   Anyone out there have any recommendations?