What's the best way to handle this situation? 

Would you rather spend a half an hour on a phone call, and under $200 to fix a small issue now, or the other end you people being slum lords and not handling YOUR responsibilities in owning, renting properties????

They can handle time-consuming tasks like lease renewals, tenant correspondence, and basic admin work.

I'm hoping to hear some creative ways people are handling this part of the process.

Do you recommend using a general contractor, or would it be more cost-effective to handle it myself with subcontractors?

BrendanWe typically use a third party servicer as its around $35/mo per loan and they also handle the escrow and end of year tax forms.

I handle St Augustine/Ponte Vedra/Palm Coast but can certainly help with Jacksonville and based on your goals there may be other opportunities to explore.To cover off insurance from previous comments, the market has changed and it is competitive with new carriers entering the market. 

When they have a sale they can't handle, they refer that seller to you for a fee.

As somebody new to REI, what is the best way to handle rent lost when buying a fixer upper during the work?  

At closing, the accumulated credit is applied to reduce the purchase price, eliminating the liability.