Long distance property management

[Sandeep Shukla]

Hello Everyone,

I am looking for a recommendation on managing 9-unit property which is about 8 hours from me. So it will be hard for me to go there every time and manage it if there are any issues.  

This is a new purchase and all the units are occupied. 

How are you handling your long-distance investment properties?

Here are a few options I am considering:

1. Should I hire a local PM company for long term to manage the property?

2. Should I hire a local PM company for the short term to make the transition and then after 6-9 months move the PM software?
3. Should I just start with PM software like RentRedi and deal with everything myself with the help of a local realtor/handyman?

Are there any other options?

For options 2 and 3 - what is the best why to get the new tenants for empty units?

Thanks

Sandeep