•Is it worth it to hire a realtor to mange?

W R O N G.

It was mentioned that the Dodd Frank guidelines were passed down to the individual state level to oversee and mange.

Quote from @Bruce K Ng: So I'm looking at a commercial property in Los Angeles county and this area has rent control in place The property is a 5 unit, and they are all 1/1's.

I lived in Minot for 3 l-o-n-g winters when my hubby was stationed there.  

So these are my numbers based on a 150000$ offer. 1 bed rents for 500 3 bed rooms rent for not much more at 700 possably 750 we will stay on conservative side for a total of 1900. 800mth morgage, 200mth taxes, 190 mth prop mang, 175mth insurance (est), 190mth vacancy,150 mth repairs and maint.

It is often hard to mange from afar and trust a properry  management company. 

To be fare I AM RETIRED, manged projects up to $7mil and it is in my blood.

You may find that in fact they are unrentable at any price and that's why nobody wants to mange them.

@Rich Ng has some good advice and that's really the best you can do at this time since investors are snapping properties left and right and the very good ones are rarely available!