Just keep in mind that emergencies can happen, and it’s important to have someone local who can step in if needed.If you do decide to manage the property yourself, you might want to set up clear communication protocols with your tenants and ensure you have reliable contractors lined up for any potential issues.Good luck with your decision, and I hope your move abroad goes smoothly!

My favorite method: a chunk upfront, smaller chunks as they go, and the final 10-20% after the work is approved by you.

The number one complaint that I hear about PM's all boil down to communication issues.

The two house hacking methods I find myself recommending to clients are 1.

I am completely new to real estate investing and am interested in the Central Georgia area and the BRRRR method.

If you want specific advice, things that would be important would be some background on the sponsor (years in business, portfolio size, you don't have to name names), where the property is (city), what it was bought for and when, how much was the loan and when does the loan mature, how much equity was raised, was there any preferred equity or multiple share classes, what is the occupancy, is the sponsor responsive to your communications and providing reports, and so on.

Prompt communication is what's MOST important:)

You could do a limited service (outsource booking + guest communications) to a company like mine or evolve for a lower fee and then manage your own maintenance and cleaners.

The biggest issue that came with this method is that it still works great for VRBO, but now after an AirBnb booking I have to ask the guest for their email to get this process started.Zapier is also monitoring for the returned signed RA and that point then sends out all the info the guests needs for their stay.The rest of the email automation is handled by the PMS.My biggest pain, is when I get a difficult guest, or when things break mid stay.

See here:  SMS Marketing for Real Estate boasts an impressive 98% open rate and has become a go-to marketing method for many Real Estate Investors.