I property manage STR in the cape cod so this is actually good info

I want to remain local in NJ or at most drive down 1hr to PA (self-manage or, last resort, hire a PM)However, I must also consider maintaining reserves, a safety net for my primary home, and an emergency fund.It's just hard for a new investor now :(

You can contact some local property managers and get a better idea of the rental market.

I had to relocate to Ohio to manage it.

@Alison EvansI could not imagine managing 48 doors!

Nita Cook is a great property manager in the area for short term and long term rentals.

Then they will manage the contractor to make sure the work is done properly. 

* What is your average rent amount for all properties managed?

- Who will manage it?

It will give you one stop calendar management and automated messaging which is a huge time saver.