I would try and manage it yourself if you have the time and effort. 

I know, I rarely am on here now, due to lack of time.

A great way to get started if you currently have a W2 job is to buy a house hack like a duplex or a fourplex where you can move into one of the units and continue to rent/manage the other units.

, clear laminated instructions inside the unit, etc.Also very important to consider scale--if you are planning to have several STR's in the same area, then it's wise for you to invest time now to build your team there and manage the place without a co-host.

It's a part time job now.

All the best to you during your last semester.Househacking is one of the most common routes for new investors in NY.For best returns, I'd recommend focusing on South and Southeast Queens, Central and Southeast Brooklyn, and the Bronx.There are parts of the suburbs (Westchester and Long Island) that have househack opportunities but the property taxes are higher and the commute time to NYC is longer.Abel

Those should not need attention (in a perfect world) for some time. 

I have been doing these type of loans for 30 plus years and buying foreclosures since the late 70s.. seen it time and again  ..

I have three vacancies in a C class neighborhood and the only people I’ll rent to now are Section 8 with a small tenant portion.  

We do this all the time.