It requires a considerable time commitment to learn the industry and build your network that is a greater cost in many instances than the monetary amount spent.

I find I get considerably higher actual returns in the lower risk properties, as they end up performing better than my proforma, while the higher risk assets Ive had perform lower than proformas.

Based on those two considerations, I suspect you're better off with the separate bulb if you plan to hold onto the complex for a really long time.

What are some things one should take into consideration when comparing whether managing the properties yourself or to delegate them to someone else?

Another consideration is that the renter pool is not as desirable during the winter and your rents may also be slightly lower as a result.

Is there anything else I should be taking into consideration as far as location goes?      

I am not that familiar with apopka and have not been giving any consideration to that area due to not knowing the market.

You just want consideration for the "required" work.

Value varies considerably based on condition too.

Just asking what special considerations to keep in mind when purchasing it from someone who hasn't been using a servicer