A) Hey Insurance Agent, I'm hiring COMPANY NAME to manage my rental property.

When I hired the PM in April, we did a small redesign including light painting, replacing light fixtures, adding a few amenities and other small touches that I also included in this cost.

I've been kicking around the idea of hiring a VA to make calls for my PMC to generate leads.

Most small mold projects we hire done are completed for under 1,000 today.   

They hired relatively inexperienced finance people to handle what they did NOT understand was the most important part of their business.  

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Join a broker or hire a coach where you can learn how to convert leads.

just a couple things:-you can house hack and not deal with tenants directly as @William Collins notes. you just hire a property manager. it will cost more, but that's the trade off.

Example: claiming tax benefits from the STR loophole or from the Real Estate Professional Status (REPS) - which, by the way, are two completely separate things.

In my opinion, the more income you have, the higher the allocation should be towards stock / fixed income.As much as you can make real estate passive(Hiring a PM, getting into syndications), there is still a level of work that you need to do.Why spend hours when you already can afford what you can.The extra return isint' worth it.