OR spend time making your own PM business and become vertically integrated.

You would be wise to spend time learning them so you understand what your responsibilities are and how to protect yourself. https://justicecourts.maricopa.gov/media/vd1pcl32/info-llt-e...Start the eviction process immediately for failure to pay September rent.

So thats the other side of the coin.. by the time you find another one you will spend another inspection another apprasial fee another flight more hotel more meals out etc etc..

Think of stuff like rotting wood on porches, etc. that no owner wants to spend big money fixing due to the low cost of the property.

As they say the loudest boos come from the cheapest seats - I wish you spoke to the revolutionary nature of this marketplace and the breakthrough we achieved by risking a LOT of ad spend to help the industry have a better alternative.

In my opinion the biggest thing you're paying for with a property manager is the experience, staying up to date on legal complaince, and having stuff in place already.If you decide to start self managing you're going to have to spend time up front to figure some stuff out (exactly how much I don't know) and periodically spend some time doing various stuff.The truth is, if you have a property where you have a great tenant, they pay on time, they never cause problems and stuff rarely breaks, management is very easy.

unless you're going to spend time, money and energy building a team, going to the market in person, and being thoughtful and patient, you will likely lose money. 

If you only want to spend $200, you could also go to a biker bar and hire a couple of those guys.....just pay cash, no paper trails....

If I have a complete listing that gives me the basic expenses and the income for the property I know in a matter of about 20 seconds if the deal is worth spending more time on.

I had a feeling since anything can go wrong with a property and id be stuck spending money fixing it.