I am considering the pros/cons of doing this without a property manager or real estate agent. 

Now the job is almost done and management company is asking me for work compensation and insurance say I have un-authorized job done.  

would love some commentary from peer cities in the midwest especially property managers or STR managers.

My excess cash flow per year is around $300k in cash, meaning theoretically I could do 6 deals, but in order to make that salary (HHI $722k) I need someone with the time to do the repairs and manage the tenants.

@Tammy Elias The lease is tied to the property, not the management company.

If you feel like you’re managing your property manager, it’s a strong sign that the manager may not be the right fit.

Try interviewing at least three managers.1.

Quote from @Jose Leal: Hi everyone, I am currently working as a construction manager with a spec home builder in Texas.

Your total project cost is only ~ $143k. 3c) Your interest rate is probably going to be in the low to mid 7s, at least4) All states/areas are different, but I usually see with my CFO clients that their property taxes are higher than their insurance, with taxes often 1.5x higher than insurance.5) Lastly, I saw PM fee of 8%, are you paying someone else to manage this?

It's not a hard program to learn and there are no "secrets" to be successful.We've managed thousands of S8 leases during our 24 years in the Detroit market, DM us if you'd like to chat.