For example, if you are creating mailing lists, you can probably outsource that for $10 an hour.

It's definitely more work but you can outsource the cleaning and the management side is fairly minimal work especially if you can set it up for self check-in and whatnot. 

Forbes continues by providing two main reasons to not outsource property management: 1.

Ideally I could eventually outsource the bulk of the property sourcing as well, once I establish myself in a certain market and get the experience I'm looking for. 

This letter didn't promise anything along the lines that could "pay cash" or "close fast", I just simply stated that I was interested in their property and if they were interested in selling I would like to start a conversation.I printed them all out myself and hand signed them, stuffed envelopes myself, and used real stamps, and took all 149 letters to the post office (next month's letter will be outsourced for less money and time that I spent).I immediately received one call letting me know they just sold that property the week before.

DIY or Hire.Each task that you DIY or outsource comes with a cost and benefit.Sponsors: What common business tasks do you keep to yourself, and what do you outsource?

I outsource taxes, found a reliable cleaning company, have wifi locks, theromstats, camera’s.

I love everything about real estate, but cosmetic decisions is something I'd prefer to outsource to a professional.

How much do you or would you spend to outsource processing?

Never understood why anyone would need a calculator to run financials on rentals.. there are only a few plug numbers its pretty simple math.and since income and expenses are never fixed and change from month to month or year to year.to be its just big numbers.if you self manage A B take off 30% of revenue.. if you out source 40 to 50% if its C class take of 40% for self management and 50 to 60% for out source.run those numbers and see if whats left over covers our mortgage that's all you need..