Nobody watches your money like you do, you'll learn how to manage, so you can manage a manager later and you'll save precious early-years cash flow, which allows you to scale faster, especially in the first 5 years.

I recommend that they use a property manager.

@Gene PanicciaManagement fees vary, but it's not uncommon for a PM to charge fees for managing tenant-paid utilities or coordinating repairs.

We’re developers managing our own portfolio and don’t have any outside investors.  

Not impressed with other large institutional managers who are very light with boots on the ground and in many ways have the attidude they are assisting you in managing the property, not managing it for you.

What makes you want to get into property management?

Hello,I am seeking assistance in finding a real estate lawyer who specializes in helping clients get out of contracts with property management companies.

Assuming the place is in good shape, there isn't that much management.5.

The same is true with property management.

Practical Tips for Managing PropertiesFinding Good Tenants: Screen thoroughly.