Is it possible to manage long term rental remotely

[Yixiong Pan]

I have invested remote properties for buy & hold in GA, I’m wondering if it’s possible to manage on my own ? Or is it possible to have property manager only to help rent out during turn over, once tenant moves in, I can build a local team and manage on my own. I saw people do remote management for short term rental, wondering if this can be also applicable for a remote long term rental. 

[Michael Smythe]

@Yixiong Pan

in our opinion, it depends on the Property Class/Tenant.

Class A: most people can DIY manage and learn what they need to know on the fly.

Class B: A bit harder, takes more time and there's more risk with maintenance and tenants.

Class C: should only be attempted by EXPERIENCED landlords! Too many moving parts that can break.

Class D: good luck, even with a PMC.