They are a service provider - you can hire them to support a specific transaction, or not. 

I hire a contractor to do accurate estimate of repairs and they quote $45,000.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Hire an accountant who specializes in real estate taxation to handle your taxes. 

Everything else the same, You need to hire a PM Co, until you learn more.

@Jamaal Smith I would find out how much it costs to hire someone and do that.

Despite some success, landlords should consider backup plans like hiring a property manager or buffer periods.Good luck!

We hired an attorney and paid another $5,000 for legal advice.

Maybe do a bit of rehab and increase rents, divide by cap and you see how much value you add to your property's "ARV". example4 units - $1000/unitARV $500klight rehab brings $1200/unit$200*4*12 = $9600 / let's say 8 cap = $120k additional property value ARV $500k -> $620kAdd appreciation, gentrification, more depreciation, refi.BTW a LLC is like $300 if you do it yourself or $500-600 if you hire a lawyer. $700-ish out of state.

Hey Tucker, I would say hiring a local property manager is a game-changer for out of state investments.