The difference in your bank account balance between paying a property manager 11.67% (10% of gross rents plus 20% lease fee) and managing the property yourself when buying one 20% down rental property (in Northern Colorado) over 40 years is:If you invest the difference in the stock market and could get 8%, the difference becomes:If you're saving for a second purchase, it delays when you can buy that second property which further compounds the effect of property management fees on your overall net worth.And doing the full Nomad investing model, it is pretty significant differences.I am going to write a whole book about the impact on various investing scenarios.

I have a comfortable amount in stock market and then a good chunk (40-60k) saved for my first real estate purchase.

If you put stock in CAP rates (I don't) you are looking at below 5%.Additionally, you would require a larger downpayment to bring your Break-Even-Ratio (BER) below 85% and your debt coverage ratio (DCR) over 1.25 (in my experience, commercial lenders like to see 1.4 or better).While market rent may be greater, remember you are paying for the current performance of the business, not it's potential -  which will require further work and capital from you to achieve.  

Hello @Case Roos,I'm new to "Real Estate" as an investor, I have my primary residence with equity I'd like to use to buy/hold rentals and then move away from the stock market roller coaster into cash flow + equity in real estate.I'm just trying to find something to jump into and get my feet wet.I'm looking to start by buying and holding in Oregon as it's where I was born n raised, but would eventually like to also buy out of state.Do you do the fixes yourself or have a small team you work with to get it all done?

Would It Be A Great Time To Invest Into REIT IPOs? With The WallStreet Market Being In Such A Plunge. Just A Thought Investors!!

Google the difference between an asset sale vs a stock sale.

Most investors are comfortable with a mix of stocks and bonds in their investment portfolios—until the markets’ ups and downs start making them nervous.

We do like the area it is just so different than anywhere we’ve lived in the past...The housing stock actually reminds me of the area we currently live in but less populated and less walkable.

Make sure your place is well stocked, plastic wrap, bread knife, makeup removal towels, that kind of random small stuff is important to guests. 

Forgive my stock profile pic.