Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.

He usually buys in C neighborhoods and has to do heavy rehab, but he's a construction guy that also runs his own property management company, so it's 2nd nature for him.

Here in FL in addition to management I also broker for investors, and curate a weekly vetted STR list with local homes. 

Do you assist with rental management in the 53206 zip code maybe around 16th /North?

@Brian Glasser is a solid agent/project manager in KC and has done dozens of BRRRS himself there.  

SDIRA has been extremely accommodating in the setting of an eviction that occurred because the manager that they previously used neglected to tell them.

BAM and Praxis have definitely managed the situation better at this point in time. 

Blood gets thick and the worst part is 10 years later there are new voices in their ears, telling them all kind of crap and filling it with all kinds of ideas. 

Try interviewing at least three managers.1.

(With invested capital, this matters, plenty of people are worth "taking a shot on" in other capacities, just not with respect to managing my money).2) "Is this investment where I'm giving you money the top priority in your professional life?"