I'm wrapping up a remodel on my home (it's going on the market in the next week or 2 - decided to do the work myself and won't be doing that again) and it's consuming my every waking moment but after that let's set something up.

I've spent the last 3 months voraciously consuming all things real estate.

The industry is so ripe for discussion with all of its: negative stigma, tenants/toilets/trash, fee-drivenness, landlord friendly, investor driven, technologically evolving and legislatively active...environment.There's the historic landlord and agent PM legal agency relationship with a traditional scope of service, duties/responsibilities between LL&T, evolving retail/consumer trends/expectations, etc.

Nearly everyone has a social media profile https://www.statista.com/statistics/273476/percent...and they spend an average of 5 hours a day on their devices. https://techcrunch.com/2017/03/03/u-s-consumers-no...Now, someone can either look at this data and say, "nah, that will die soon." or "social media is terrible, it's ripping apart society", "social media will have no effect on business" or "con artists and marketing teams have figured out how easy it is to use social media against you" and leave it at that.

The rationale behind this process is that this gives us a good cash flow for a long period of time before having to find and place another tenant, a process which can be costly and time-consuming in some markets. 

I find tenant placement much more time consuming than managing, so placement is where I would go first.If (when) I decide to hire a property manager, I would pass everything over to them.

It is so important to understand the rules and pitfalls, it can be so expensive and time consuming to make an ignorant mistake and end up in court.

Be careful of the scarcity mindset agents who will ask for a monthly retainer to work with investors, "because writing a lot of low ball offers is time consuming with a small acceptance rate."

What the average consumer is completely oblivious to is that after 2 yrs of homesteading a property, they generally don't have to pay capital gains tax on their net at closing in home appreciation, from what they bought the property for and what they sell it for in FL.

My 2 cents is to just find a skip tracing service, and a source to get lists from(taxes owed, code violations, out of state owners etc) this is much more effective and less time consuming.