This will help you understand your options and decide if it's the right time to hire a pro. 

@Noyessie Hubertyou need to hire an attorneygood luck

I have done it successfully on my last 2 buildouts, maybe 3, but only because I was able to acquire the properties at a very low price and I did all the work in-house (myself and some hired hands on staff).

As you can see, not every deal closes or is a 100% smooth process. 

I'm planning to turn it into a rental and was wondering if I should consider hiring a property manager for my first rental.

We've been continuously improving it, but it has been working exceptionally well for us since we hired a developer for the complete build-out a year ago.

I hired my own expert and discovered these issues did not exist but that the expert the 3 buyers had brought in wanted to be hired to do the work so they blew them out of proportion.

Step 3- hire property manager to manage/look for rentersStep 4- look to refiance out of the hard money loan(how long after having a renter in can we refiance?)

Don't forget to annually mark time for vacation or family time.You might consider hiring a teenager part time if there's something that is time consuming (for me, putting out 20 open house signs then picking them up).Best to you!

It depends on who you're hiring but that seems fairly standard.