Advice for building in-house team.

[Rich Davis]

Like many investors, I've reached critical mass (50 doors) with what I can manage myself (plus one girl PM help).  If I wish to continue adding properties/units, I have to make some choices. 

1. I can sub out all the PM activities, leaving the "business" to me.  Problem is I've tried a few PM's and I'm just not satisfied with any of them.

2. I can build my own team. This appeals much more to me for two reasons. Firstly I can mold the team to operate to my standards vs. the way the PM wants. And secondly, I just don't like not having my hands on the wheel.

So, with that said, who has built a in-house team? Where did you start? What functions did you hire, or sub out? Who did you hire first? Salary vs. commission pay? What mistakes did you make? What am I overlooking? What was your geographical spread? And the fifty questions I'm not even thinking of?

Thank You in advance!