I self manage my properties, and I think you can have great success by placing the right tenants in the property. If you want to spend 10% A MONTH on property management fees then yes, hire one. But i think that self managing is very simple and since your property is only 3 years old you are likely to have very little issues with the home. I always encourage people to self manage, there is a great book by Brandon Turner and his wife about managing rental properties. A realtor, like myself, can help you place a tenant with a texas lease and then you can take charge from there. You can collect rents electronically, and stop in at the property once a year or however often you feel comfortable as long as its agreed upon in the lease agreement.
